Consumer Crypto

Fundamentally, I’m pretty midcurve. I think that most people are.

That’s why Coinbase’s embedded wallets will become the default way people access crypto within 2 years.

Crypto @ Coinbase, foreign policy, political theory. yugacohler.twitter

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A common misconception about embedded wallets is that they are custodial - "not your keys, not your crypto."

This is false!

@coinbase's non-custodial embedded wallets use multiparty computation (MPC) to shard private keys between the end user and Coinbase. The full private key can be exported at any time as well!

Agreed - although it's worth noting that embedded wallets can absolutely be non-custodial!

Blockchain Engineer - Building the future for Economy of Things | ETHLisbon Team

Agreed - although it's worth noting that embedded wallets can absolutely be non-custodial!

https://warpcast.com/yuga/0x8f686e9b

This is the missing piece to improve UX and to attract users that don't care that much about having ownership over their private keys. 

Much easier on the development side of things as well.

biggest driver imo will be developer delegated authentication

most brands will want to have ‘their’ wallet to have a unified customer experience

100% I had to faff with manually adding airdropped token to MM today - normies simply won't put up with that or be capable of...even though Rainbow wallet is a big improvement on that front already. all token instantly visible incl. NFTs