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Crypto design challenges
In the coming years, hundreds of millions of people will interact with cryptocurrency on-ramps—exchanges and similar services where they can receive their first cryptocurrencies and other crypto assets. For most people, this will be with a centralized exchange (CEX). Exchanges will be most people's first time truly interacting with crypto.... See more
Paul Stamatiou • Crypto design challenges
Be hyper transparent around transaction status. We expect things today to be instant but the blockchain is one of the only pieces of modern technology that can feel very slow at times. We need to take great care in displaying transaction status. The average user should never have to visit Etherscan/Polygonscan/etc just to see how much time is left... See more
Paul Stamatiou • Crypto design challenges
One of the reasons I'm so excited about web3 is that everything so desparately needs design help that almost any attention to detail anywhere in any common flow would be tremendously valued. It's like getting in on the ground floor of helping define key interactions in browsers, email clients and other core tools during the formation of Internet.
Paul Stamatiou • Crypto design challenges
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.
Paul Stamatiou • Crypto design challenges
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.
Paul Stamatiou • Crypto design challenges
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."
Paul Stamatiou • Crypto design challenges
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.
Paul Stamatiou • Crypto design challenges
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.
Paul Stamatiou • Crypto design challenges
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