embeddedwallets

The ideal crypto experience for the average consumer is their not even realizing that they are using crypto.

That’s what embedded wallets enable.

Crypto @ Coinbase, foreign policy, political theory. yugacohler.twitter

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i am not questioning onchain.

i’m doing the opposite.

crypto needs to be seen. not hidden behind abstractions. 

ur first cast contradicts with your reply.

Excellent question. “Why onchain?”

- Operational efficiency - use the blockchain as your backend
- Built-in identity, computation, value attribution
- Profit motive - crypto makes money!
- Interoperability and composability

So many advantages to building your app onchain that go beyond simple payments

around the block | prev burrata, chainalysis, circle, & draftkings

Good point, AA is a bit more thematic/overarching.

Correct! Although often AA refers to a bunch of other things, including gas subsidies and private key rotation.

Ouriel  - CEO of Zengo

ourielohayon.twitter
zengo.twitter

New users are no longer new users once they start using. I hope people will use a little more than a few apps In a blossoming industry.

This will not happen for 99% of new crypto users in the next 2 years, because they will use only a few apps that they return to frequently.

What will happen when users have hundreds of embedded wallets and assets spread accross?

I agree with this 1000%.

Wallets need to either:

1) have a nickname like “Jerry’s Sharded ETH Wallet”

2) have a wallet management layer

so long as your account number is something like 0xc542C6a701b1c301A21E74CEbfd984EdDAdAd948 you will always feel like youre doing something difficult

i feel like you need to get easy human readable names into the features

keep at it lol and 125 $DEGEN