Crypto design challenges

With that, we'll have to be careful about introducing thoughtful abstraction—simplifying and hiding complexity without diluting the essence of web3 or taking away control when it might be valued.

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.

Is wallet the right word? One challenge is that we’re designing for crypto as if it’s purely money (and maybe some NFTs) in a wallet. But the role of the wallet is growing and in the near future it will be so much more than that. Your crypto wallet can become your identity, your interests, your preferences, your knowledge graph, your communication.... See more

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?

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.

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.

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.

Did you accidentally approve a token on a contract you probably shouldn't have? Unfortunately, scenarios like this happen more often than they should. Wallets need an emergency resources in times like this. Perhaps modern wallets could have a sort of emergency "oh shit" button.

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.