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Dan Romero
@dwr.eth
1/ Why Passkeys are important - To date, we’ve always had to ask new users to back up their Farcaster recovery phrase during onboarding - It’s a bad first impression for non-cryptonatives; consistent feedback in user interviews - And even cryptonatives revealed preference was a 10% loss rate of the mnemonic
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Dan Romero
@dwr.eth
2/ - With Passkeys and the onchain recovery system, there are multiple, user-friendly layers to prevent account loss. This helps compound protocol DAU. - Users can onboard to Farcaster without knowing anything about the underlying crypto — no seed phrase or crypto required - Onboarding UX is now at web2 parity
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Tayyab - d/acc
@tayyab
Roughly, percentage of users lost to account loss?
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