Jonny Mack pfp
Jonny Mack
@nonlinear.eth
good real-world example of how embedded wallets break identity web3 becoming web2 but instead of email/passwords its now app-specific wallets (identities) to fix, 1) devs must implement one-to-many identity mapping in thier app and, 2) users need to do the work of mapping (which they wont) *in every web3 app they use* is this really a better ux than pasting a seed phrase in a pw manager? is this progress? given lack of web3 consumer growth the market says no
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118 reactions
Jonny Mack pfp
Jonny Mack
@nonlinear.eth
“but jonny, installing a wallet and connecting it to an app is a non-starter for consumers!” cope. all consumer products are pleasure-pain tradeoffs. add pleasure to offset pain
4 replies
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Garrett pfp
Garrett
@garrett
AGREED embedded wallets have further fragmented the wallet space at the expense of true interoperability and composability which might be the two biggest benefits when building consumer apps on crypto rails
4 replies
2 recasts
18 reactions
eric.base.eth 🔵 pfp
eric.base.eth 🔵
@ericbrown.eth
Smart Wallet announced Sub Accounts at ETH Denver that allows you to create an embedded account that is tied to a parent account to prevent fragmentation while preserving the UX benefits of embedded accounts. We’re actively improving this and would love feedback (cc @montana): https://x.com/montana_wong/status/1907455174416711913?s=46
1 reply
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Matthew Fox 🌐 pfp
Matthew Fox 🌐
@matthewfox
just making it easy to add those wallets to your farcaster account feels like a good solution I really don't see the future where one wallet usage wins
1 reply
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Koolkheart pfp
Koolkheart
@koolkheart.eth
If your ‘decentralized’ app dies when a startup fails or a wallet provider changes terms, congrats, you’ve reinvented Web2 with extra gas fees.
3 replies
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logonaut.eth 🎩🍖↑🔄 pfp
logonaut.eth 🎩🍖↑🔄
@logonaut.eth
on a number of occasions i have noped out of a product i wanted to try purely because i didn’t want another orphaned wallet to deal with. for the most part, using 1password + simplelogin (for email aliasing) for years has been relatively hassle-free — i prefer that experience over having a bunch of embedded wallets foisted on me with assets scattered across them if people don’t want to manage, say, dozens or hundreds of bank accounts, why would they want to deal with similar numbers of embedded wallets?
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Sejal pfp
Sejal
@sejalj
privy solves this!! we have global wallet / cross-app wallet flows that allow devs to both create and access global wallets super easily - so that identity is portable! @nonlinear.eth very curious what you think?
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Henri Stern Ꙫ pfp
Henri Stern Ꙫ
@henri
Balancing dev’s ability to craft a product they love (vs popping users out to a third party surface) with easy composability out of the box for users is key. Lots of progress being made there w sub accounts and session keys. Ultimately, though, users should be free to choose the right model for them.
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matthewb pfp
matthewb
@matthewb
yeah directionally agree with you, it’s just a different set of tradeoffs rather than better/worse. though also worth noting that you can’t put seed phrases in password managers.
2 replies
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boscolo.eth pfp
boscolo.eth
@boscolo.eth
isn't this what ENS is for?
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keccers pfp
keccers
@keccers.eth
Sidebar: I am honestly so impressed @loriann recognized her own addy like that. I wouldn’t be able to do that at all
2 replies
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Jacek.degen.eth 🎩 pfp
Jacek.degen.eth 🎩
@jacek
Honestly, apps should just let you approve a spend limit—like “FartApp can spend up to $50 USDC.” For no-click checkout, it just works. For normal checkout, you just enter your wallet address and confirm the transaction separately. No need to connect your wallet to every app. It’s simpler, safer, and feels more like 2FA.
1 reply
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Spencer Graham 🧢 pfp
Spencer Graham 🧢
@spengrah.eth
siloed embedded wallets are dumb and have been dumb since 2020 use @getpara
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christopher pfp
christopher
@christopher
Correct. https://warpcast.com/christopher/0x6b9600c5
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cap / thecap.eth 🎩 pfp
cap / thecap.eth 🎩
@thecap.eth
Working on uniting identity through @ensdomains.
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Trigs pfp
Trigs
@trigs
This feels like a relevant study to look at for this: https://warpcast.com/mode-nearchos/0xe4bec1f1
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2 reactions
Lost Midas pfp
Lost Midas
@lostmidas
Wallet silos hurt adoption more than chain silos
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Kaloh | Indexy.xyz 📊 pfp
Kaloh | Indexy.xyz 📊
@kaloh
Yeah this is kind of an issue with digital identity which is a big proposition of onchain anything consumer based
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Philip Sheldrake pfp
Philip Sheldrake
@sheldrake
Embedded wallets "break identity" in the computer science sense. But they are a tiny step in the right direction when it comes to human identity in the social science sense. Which is of course the goal. We have been anticipating this eventuality: https://generative-identity.org/human-identity-the-number-one-challenge-in-computer-science/ And building for it: https://addresso.com
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