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Varun Srinivasan pfp
Varun Srinivasan
@v
Wallet UX is an existential problem for Farcaster. If we don't make it easy for users to do things onchain and easy for developers to build farcaster apps, we can't scale the network. We're thinking about solutions right now, but want to share the problem statement the team is thinking about. Feedback welcome!
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Corbin Page pfp
Corbin Page
@corbin.eth
Iโ€™ve thought about this a lot: All good UX crypto apps will have an embedded wallet. This is pretty clear now and will be best practice next cycle. You can roll your own (as you have) or use WaaS provider like @privy @web3auth etc. 1 - This is a feature for advanced users. Put it in Settings. Most users will just send all their assets to an external wallet anyway vs exporting the key. 2 - Chain abstraction solves this and you can still do in-app Apple payment for value+gas and it gets executed via a solver network. No need to have native tokens in EOA on all chains. 3 - Most users just want to do simple transactions. Keep it simple and let advanced users export seed. In my opinion, you can solve this whole problem with the Verified Addresses feature. Allow users to create WC embedded wallets there and set which one the app should prioritize for Frame/app actions. They can manage their current FC EOA and/or sign up for a Privy embedded wallet and set their preference.
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FID 11539 allenbarth.eth pfp
FID 11539 allenbarth.eth
@allenbarth
@corbin.eth To choose between Rainbow, Coinbase, and Privy wallets is there one that is more functional with FC/WC or do they provide equal WaaS? Can you please explain for me?
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