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It's just that by relying so much on centralized corporations we give them powers of a country/dictatorship: - issue an ID - create a policy - ban if you bre
by practice9 5y ago
It's just that by relying so much on centralized corporations we give them powers of a country/dictatorship:
- issue an ID
- create a policy
- ban if you break the ambiguous rules or trip some fraud algorithm
- not ban some people or orgs even if they break the rules, because they bring too much value to platform (= almost a bribe in some sense)
- and you can't really emigrate and take your belongings with you. Can you export your social graph from FB? Not sure if that's possible, at least not in a straightforward way, you need to recreate it on another platform again.
- Google and Apple become a little better with this last few years, there is data export (in a .zip, lol)
I agree with your second point. For non-technical users, taking care of their private key will be a huge issue. There are some models like multisig, or social recovery (you add a guardian or a set of trusted persons that can vouch for you).
AFAIK even FB has been trying out social recovery features.
This is a good post about social recovery wallets:
https://vitalik.ca/general/2021/01/11/recovery.html https://vitalik.ca/general/2021/01/11/recovery.html
- strogonoff 5y agoThis won’t solve the problem with maliciuos actors in positions of power, and if we take care of malicious intent (which is really the only way forward) there is no need for technology that essentially exists to avoid having people to trust each other.