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Colin Johnson 💭
@cojo.eth
Worth addressing - Why do I need another wallet to use [any app]? Answer: Mobile is where people spend most of their time. You have to solve for mobile. When you transact on mobile today, it requires kicking up a FULL NEW APP to transact. That hand off fails 50% of the time. The only way to (currently) solve this is a smart wallet, so that you can have one tap transactions. We as builders don’t want you to have a new, empty wallet. It’s got no liquidity. We’d love for you to use all the liquidity in your existing wallet. But the wallet experience is SO BAD (we’ve gotten used to it in crypto, but others won’t) that it’s less total friction to just set up a new wallet. Every transaction thereafter feels like butter.
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ns
@nickysap
@privy has come closer to solving this issue than any previous entrant. However, wallet fragmentation will be the new problem we face. We need a solution, like an SSO for wallets. Smart Wallets still don’t solve this imo. Privy (or similar) could.
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Colin Johnson 💭
@cojo.eth
Yeah Privy is in the right track. Syncing is still the big outstanding problem, agreed
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