one strange point. we've thought of the wallet as our new universal, interoperable identity in the web3 world. but, today, many users have multiple wallets/identities. which is just as cumbersome as having separate twitter/insta/pinterest identities. people may not even want the universal identity to begin with.
i like that my identity can be customizable/siloed based on which community I’m in
interesting, i always thought it was more like one “public” wallet with ENS or identity info (real or anon) and then just a bunch of anon wallets spun up for a specific actions that may or may not interact with public wallet.
Interesting, I didn't see it like that. I thought of crypto identities more like skin in the game. You could have an identity where you stake something, as oppose to the endless disposable identities from web2.
Do you think people are interested in the ability to “connect” all the wallets?
metamask kinda feels like a password manager where u have a vault of multiple wallets. a double edged sword for sure but so far i’ve enjoyed having multiple wallets for diff uses.
I’ve thought about it as a one-to-many relationship: I have a universal identity vault, and I offer elements of it to apps and services so that I may operate anonymously, pseudoanonymously, or doxxed based on my preferences. World never sees universal identity, but I still manage one.
This is so true. As someone who is new to this space, it was surprising to learn that good strategy dictates having multiples wallets that we still need to manage.
We have different identities in the various IRL social circles we have today and have had forever. A different you with friends, with family, at work. Are we really meant to be a single identity at all? Web3 or not?
I want control over all my identities...because at the end of the day, everything combined makes up who I am. Having ownership over a universal identity is the dream, while also having control over who gets to see what depending on circumstances.
*totally* agree on this one. Thing is, if you think of the wallet itself (seed phrase) as an abstraction for a whole person (identity) then all of the potential derived public keys could be sub-identities. One controller, but with discretion to use the sub-IDs however they want!
Isn’t that a feature? I have multiple identities in real life as well - at work, as a parent, etc
I call it fractional identity. Not too crazy to imagine having a wrapper parent wallet that lets you easily manage the facets of your fractional identity. Same concept as “work self” vs “college friend group self” vs “alone self” It’s just about choice per context.
I wonder what this fractionalization of identity does to our mental selves… today more than ever before we’re able to have so many selves. The more you feed something, the more real it becomes. On the other hand: in the past we were less connected, maybe it was easier to keep secret, fractionalize.
Would be amazing if your wallet understood your different personas based on your on-chain activity, and customized each profile based on that. Ex: For your NFT collector persona, NFTs front and center with trading, analytics and news about communities you’re a part of. We brainstormed on this at Liquality recentl
It's reminds me of having multiple e-mail addresses. One for official stuff, one for SPAM & newsletters, one for business affairs etc.
agree on the UX point. to some extent we have universal identity with twitter/insta/pinterest as ppl use real names in handles. multiple wallets create on-chain liquid identities which is better imo. we can build credentials, status & reputation in ways that may not be possible irl + we control data/privacy.
Wallets will have super function of sub wallets like password managers to handle all your needs and identities. The real problem is that seed based wallets will never scale and that the antiquated back up 24 words can never be a thing
This is a good take. I don’t think anyone has cracked this portable multi-identity use case well in web2 or web3, even though it’s so clearly a pattern we see everywhere online. Closest thing is a password manager or chrome profiles, all clunky though.
I’m not giving up on the universal wallet idea, but I do like that people have choices
yeah the balance between ‘universal identity’ and ‘single point of failure’ is a tricky one maybe we should expect that to vary alongside the asset holdings, responsibilities, and risk tolerance of individuals
If you count all the web2 services you use you’ll likely hit the 100+ mark pretty quickly Having a universal login / bank account / social profile is a game changer. People will use different profiles for different purposes, I imagine most people will have public, semi-private and private versions of themselves.
I think eoa is fine, but agents feel more critical than wallets. Wallets simplify connection, viewport- whereas Agents could be any generic application w/ or w/o a client id. Stringing together a unique output of Identity on your computer seems like a key (partial identity) management + default anonymity/obfsctn
Maybe B2B is where this gets flipped. Currently Google is the main SSO provider of choice.
Isn’t the goal to use a wallet that crosses all chains though? You may use a different wallet because you like the aesthetics or the features but it still allows access to all chains, apps, etc which is where it’s different imo.
Only in google chrome I have around 10 wallet extensions. And few more apps on the phone like trust wallet and ledger.