embeddedwallets

The ideal crypto experience for the average consumer is their not even realizing that they are using crypto.

That’s what embedded wallets enable.

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

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exploring the matrix onchain 🌀 | ops wizard 🪄 | hosting /defi • /the-glyph • /pixelglyphs • /autism


Excellent question. “Why onchain?”

- Operational efficiency - use the blockchain as your backend
- Built-in identity, computation, value attribution
- Profit motive - crypto makes money!
- Interoperability and composability

So many advantages to building your app onchain that go beyond simple payments

around the block | prev burrata, chainalysis, circle, & draftkings

Correct! Although often AA refers to a bunch of other things, including gas subsidies and private key rotation.

Ouriel  - CEO of Zengo

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This will not happen for 99% of new crypto users in the next 2 years, because they will use only a few apps that they return to frequently.

What will happen when users have hundreds of embedded wallets and assets spread accross?

The ideal experience would be to have everything free for the users. The web2 freemium model is hard to overcome.