WebAuthn is exactly what I thought of too... and hardly anyone is supporting it. In fact the only place I've seen it was Best Buy's website, oddly enough! Having yet another way to do this sort of authentication isn't going to magically make people start using it.
Absolutely, but let’s not pretend this is some magic technology that only cryptocurrency can solve. Nor is it clear cut that we’ll see adoption of wallet logins outside of crypto circles.
>> The biggest success of crypto has been putting public/private key pairs in the hands of 10s of millions of people.
I would argue that the biggest successes of crypto are selling GPUs and facilitating malware ransom payments.
GPUs have sold like crazy and you are lucky to get a high end one with the current demand. Everybody and their pets are running mining rigs. Good luck getting a nice GPU for machine learning or graphics rendering.
Previously malware authors had to rely on gift cards or similar means to get paid. Now they have variety of cryptocurrencies to choose from and they can even trade cryptocurrencies to launder the paid ransom funds.
It can. It just happens that the easiest way to achieve this is using web3, even if there is no blockchains involved. The article is about login methods, not cryptos or web3
There’s even a standard for doing this with WebAuthn.
WebAuthn is exactly what I thought of too... and hardly anyone is supporting it. In fact the only place I've seen it was Best Buy's website, oddly enough! Having yet another way to do this sort of authentication isn't going to magically make people start using it.
...which has effectively neither adoption not momentum to achieve adoption: https://sec.okta.com/articles/2020/04/webauthn-great-and-it-...
For better or worse, there are a large (and ever growing) number of Metamask users these days...
Absolutely, but let’s not pretend this is some magic technology that only cryptocurrency can solve. Nor is it clear cut that we’ll see adoption of wallet logins outside of crypto circles.
2 replies →
It can. The biggest success of crypto has been putting public/private key pairs in the hands of 10s of millions of people.
>> The biggest success of crypto has been putting public/private key pairs in the hands of 10s of millions of people.
I would argue that the biggest successes of crypto are selling GPUs and facilitating malware ransom payments.
GPUs have sold like crazy and you are lucky to get a high end one with the current demand. Everybody and their pets are running mining rigs. Good luck getting a nice GPU for machine learning or graphics rendering.
Previously malware authors had to rely on gift cards or similar means to get paid. Now they have variety of cryptocurrencies to choose from and they can even trade cryptocurrencies to launder the paid ransom funds.
Here is a good thread with more information on why giving everyone a public private key pair is a big deal and the kinds of use cases it unlocks: https://twitter.com/BrantlyMillegan/status/13892701158840975...
It can. It just happens that the easiest way to achieve this is using web3, even if there is no blockchains involved. The article is about login methods, not cryptos or web3
> It just happens that the easiest way to achieve this is using web3
Is it? U2F is actually rolling out to more and more websites but I've never seen any website offer to log in with a dropdown for cryptocurrencies
websites that are related to cryptos do it, others generally don't. try dappradar.com/ for example
> The article is about login methods, not […] web3
It’s literally titled “ Real Problems That Web3 Solves, Part 1”
The author discusses this explicitly in the article.