tldr (tim reilly)
@tldr
–> Random dude loses $1500 in crypto. –> BBC writes 1500-word hit piece on it. Man, legacy media *hates* crypto so f'in much... but yeah this article's particulars are truly painful to read. Multichain should be made nearly impossible for normies to enable. https://www.bbc.com/news/articles/c93gydxj8n7o
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Eetherway
@web3zy
Even as a long time full time crypto worker, I have fucked up sending funds to Coinbase once. Multichain is incredibly unforgiving. User: “Wait they are both EVM where did my funds go?” Service provider: “Blackhole and we have not liabilities here”
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tldr (tim reilly)
@tldr
Yeah I think we can do much better. https://warpcast.com/tldr/0xdcefe86f
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Eetherway
@web3zy
It's a huge UX challenge. While I 100% support the hub and spokes model of Ethereum + L2s, no new user understands this at all. Literally not one. Even those who think they do, don't in action. Example: - Ronin is EVM, but it's not and Ethereum L2... - Want to send USDC from Ronin to Ethereum? Coinbase does not support this. So what do you do? - Learn about a bridge and test it? - Okay great now I need two wallets and then I need to transfer funds to Coinbase to sell for fiat. Super disgusting UX and it's no one parties fault, so the responsibility of it is hard to internalize. Like I literally want a button in my preferred wallet that says "Withdraw fund for cash", then to be able to do that regardless of my knowledge. This is getting vastly improved via on/off ramps, but they charge large fees which negate the reason I chose crypto in the first place. So what's the solution? Ideally we have indexing of address+chain, then routes funds to/from correctly.
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