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Jay Brower (jaymothy.eth)
@jayb
so passkey wallets don't solve the seed phrase problem they just rename concepts. Now Apple, 1Password, etc is backing up your "seed phrase" fundamentally the only people who have eliminated seed phrases are the zk folks who built wallets that can operate on zkp's of other identities
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itai (building dynamic.xyz)
@itai
What do you define as the seed phrase problem? in my mind, the "problem" was: 1. A phrase that you have to back up, manually save etc 2. A single point of failure if you lose it Passkeys address 1 with built in passkey managers, and address 2 to some extent with automatic syncing across devices etc.
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Jay Brower (jaymothy.eth)
@jayb
re: single point of failure -- SCW's with multiple signers is interesting, but you have the same recursive problem. Ok, I lost a key. I grab another one. I lost that one 💀 You're still "custodying" some seed phrase, passkey, or other material to enable interacting with these wallets ZK tries to solve this
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Jay Brower (jaymothy.eth)
@jayb
Submit a transaction containing a ZKP that you custody your email address great, now all you need is your email, which is tablestakes for literally every other thing you do in life nothing to remember, nothing to lose main issue is performance (O(minutes) for proof generation). If they can fix that though...
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itai (building dynamic.xyz)
@itai
Wait I'm not sure I'm following - you're ok with email in this scenario but not passkey etc? might be misunderstanding what you said - I imagine email also has a custody problem where if you lose access to your email, you get to the same end result.
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