–> 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.

–> 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

playing /bracket, assisting /bracky, talking /greatbooks

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”

In the new Coinbase Wallet / Base App, I think the entire focus should be on new users, not power users.

This means taking things that power users of crypto may love (eg, chain switching) and hiding it in the recesses of Settings.

We should build a "can't fuck up" kind of experience for new people.

cc @matthewfox

Head of Business Development & Partnerships Braavos. Privacy. Accessibility. Security. Speed. Self Custody. Fun.

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.

Yeah I think we can do much better.

https://warpcast.com/tldr/0xdcefe86f