added by sari · updated 2y ago
Crypto design challenges
- Transaction data is far too cryptic today. Any way to add further context and humanize is needed. See if there's ways to display social proof.
from Crypto design challenges by Paul Stamatiou
sari added 3y ago
- Furthermore, more wallets should support multiple blockchains such as Avalanche and Solana. This is a tremendous amount of engineering work, so it's not to be taken lightly.
from Crypto design challenges by Paul Stamatiou
sari added 3y ago
- How can we attach a knowledge graph to the wallet? A set of public and private preferences, a list of friends, a list of dApps you trust and how much, a list of blocked addresses, dApps and more. This graph data would ideally be a mix of public and private data stored off-chain.
from Crypto design challenges by Paul Stamatiou
sari added 3y ago
- Why should we put the onus on new users to know the difference between various blockchains/Layer 2s and know what their wallet can and can't support? It's already hard enough to explain how to safely backup a seed phrase. This lets the people use whatever web3 service they want with minimal overhead.
from Crypto design challenges by Paul Stamatiou
sari added 3y ago
- So you might be thinking.. okay this is totally wrong and even the Bitcoin whitepaper established that cryptographic proof should be used instead of trust for decentralized systems. And that the ethos in the crypto community today is "Don't trust, Verify."
from Crypto design challenges by Paul Stamatiou
sari added 3y ago
- A core part of all wallets is a way to list transactions. Too many wallets today treat this as a list of data without much thought about what it means for the user and within the context of trust.
from Crypto design challenges by Paul Stamatiou
sari added 3y ago
- The next billion crypto users shouldn't have to pay to make crypto usable. They shouldn't have to deal with long addresses that could lead to huge issues like them losing funds. What's the Gmail of wallet addressing?
from Crypto design challenges by Paul Stamatiou
sari added 3y ago
- Yea, that's all true. But what I'm talking about is one level up than the blockchain itself. I'm talking about the interfaces people interact with to do what they need to do, which may happen to be directly on or indirectly related to the blockchain. It's about elevating context and providing signals about their interactions so they can feel safer ... See more
from Crypto design challenges by Paul Stamatiou
sari added 3y ago
- Demystify common actions like connecting a wallet and signing a message. After you've used a few dApps, it becomes very common to see a lot of different dialogs you need to accept or confirm. This makes it all too easy for someone to absent-mindedly get into a habit of accepting these without quite understanding what's happening.
from Crypto design challenges by Paul Stamatiou
sari added 3y ago