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Can you describe some of these possible changes?
by jwilber 5y ago
Can you describe some of these possible changes?
- noman-land 5y agoThere's a lot to say but one of the big ones for me is normalizing the use of public key crypto for identity management. Now anyone can create a keypair offline and suddenly they have a way for people to interact with them and they don't have to run any of the infrastructure themselves. I like that it inverts the concept of "self hosting" into "everybody hosting".
- hihihihi1234 5y agoWhat problem does this solve? What's wrong with the way I currently do "identity management"?
- anchpop 5y agoIt solves the problem of needing to make and remember a username/password on every site you use, it solves the problem of password hashes being leaked when a site gets compromised, it solves the problem of not being able to know that hihihihi1234 on hackernews is the same person as hihihihi1234 on lobste.rs, and it solves the problem of trying to make an account on a website only for your typical username to be taken already
- Spivak 5y agoHow does me making an offline private key with the username Spivak fix the problem of someone else making their own key with the name Spivak? There is still a shared namespace of user ids. And if it’s fine that two keys have the same display name then you could just do what Discord does and do Spivak#42069. There can still only be one twitch.tv/spivak.
- noman-land 5y agoIt solves a few problems as mentioned below. Every single form of your identity right now is mediated by a third party. Your email. Your Instagram. Your Twitter. Your phone number. Your bank account. Not only that, but each one is independent of the other. That's 5 different accounts with 5 different providers. Each of them has a vast infrastructure and duplicate copy of everything about you and everything about everything else. Each one of them has an off switch to your identity that they can freely flip on a whim with no recourse available to you. If you invert that and say that your identity is no longer mediated by any specific entity, or array of entities, it is mediated by a provably neutral public infrastructure that is completely opt in and costs only the amount that is proportional to your usage. Now the identity resides with the user, not any third party, which means they have full control over it, without having to rely on any one entity that can fail or turn against you.
- dwaite 5y ago> Your email. Your Instagram. Your Twitter. Your phone number. Your bank account. These are identifiers, backed by accounts with credentials. > If you invert that and say that your identity is no longer mediated by any specific entity, or array of entities, it is mediated by a provably neutral public infrastructure that is completely opt in and costs only the amount that is proportional to your usage. What value does this have for your email provider? Instagram or Twitter? The phone company? The bank? All of these companies provide value _through_ the identifier. Checking accounts and Credit cards issued by the bank. The phone number. Your handle on Instagram or Twitter. Many of these need to have an idea of a real-world identity for regulatory reasons. For account recovery actions. For effective enforcement of abuse bans. What about this off switch? Even if I show up with my own identifier - twitter can still refuse to post my messages. My bank could block access to my funds. This vision seems to be able replacing these businesses with new businesses and new infrastructure.
- NicoJuicy 5y agoYour first sentence greatly exaggerates the content that follows. I don't see any actual problems with the latter. I do see more problems with the "solutions" actually. ¯\_(ツ)_/¯
- hihihihi1234 5y agoSo in this brave new world, if someone manages to steal a single piece of my data (my private key) then they can have unfettered access to my phone, bank, email and social media accounts? And none of those services have a customer support team who can restore my access and reverse the fraudulent transactions that were made in my name?
- dwaite 5y agoThis doesn't require web3 though. We have Web Authentication already integrated into every browser.
- guilhas 5y agoJust being completely random imagine the internet is now the multiverse. And everything publish on it is an NFT, posts, videos, images, comments. Like the current internet but everything has a value. Creating a comment on StackOverflow could get you paid instead of just reputation The NFT concept seems stupid at first, and a 60 million NFT is definitely stupid. But imagine Youtube is the metaverse where videos, or NFTs, are published, and the owners will forever receive royalties from Youtube advert/membership profits. People can upload similar videos, but then there is, for example, music rights violation arbitrated by the site that some or all the profits of the video revert back to the original creator. And generally all free for the consumer. By no means perfect Mining could be people caching, and serving NFT content, through which they could get paid, and preserve internet. Partially replacing web hosting, and preventing censorship. Using your neighbors pcs to speed up video encoding For example the Google News problem with Spain and Australia URLs can be NFTs, and have rules. If a site is referencing a URL and is profiting, a part should go to the URL owner, but if the URL is clicked then a part goes to the site that referenced it https://www.theverge.com/2021/11/3/22761041/google-news-relaunch-spain-payments-publishers-eu-copyright-directive https://www.theverge.com/2021/11/3/22761041/google-news-rela... You might say that people don't like these new concepts, or mining is bad for the environment, but right now we can make them what we want them to be. The internet will evolve somewhere and if we don't think about it, someone else will and we won't like the result! Everything is up for grabs, payment systems, identity authentication, personal data management, web3 economic model, social media, news platforms...
- iudqnolq 5y agoJust ask: How much money do you expect to get? Who currently has that money? Why would they give it to you?
- clippablematt 5y ago1) more than I get now 2) ceo of Spotify is worth estimated $5billion maybe start there, shouldn’t that (be it money or ownership in Spotify) be going to the musicians who actually make the content and who get fractions of pennies? 3) they probably don’t want to. But we can just build systems that replace them. It seems to be working so far.
- clay-dreidels 5y agoevilmaid.crypto