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One of the most significant obstacles against blockchain and cryptocurrency products from entering daily lives is bad user experiences. It is extremely difficul
by apo 8y ago
One of the most significant obstacles against blockchain and cryptocurrency products from entering daily lives is bad user experiences. It is extremely difficult to figure out for someone who isn’t tech-savvy.
This has nothing to do with "blockchain."
It has everything to do with public key cryptography. Managing private keys is a royal pain for ordinary people. Yet every block chain secures its users assets with the same basic technology.
Users detest managing private keys so much so that they'll obligingly turn over their digital assets to bank-like institutions (Mt. Gox and a cavalcade of others who rarely get mentioned). In so doing users undermine the original censorship-resistant value proposition on which legitimate block chains are based.
If you want to make block chains more usable, focus on making public key cryptography more intuitive.
- tomglynch 8y agoI agree - this is the basis of the issue. Though there's no apparent solution. Using passwords is inherently less secure. What are the other alternatives?