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One base case that seems reasonably compelling is a distributed key store to manage public key exchange without concern of ever being trivially spoofed. I don't
by mattwilsonn888 5y ago
One base case that seems reasonably compelling is a distributed key store to manage public key exchange without concern of ever being trivially spoofed. I don't think anyone really knows what the right balance of on and off chain data transactions is - it depends a lot on chain efficiency and what can simply be done peer-to-peer.
I'm thinking broadly, but the idea of exchanging keys on a distributed system and then engaging in services using those keys peer-to-peer is appealing. You can audit all the software, and you use zero centralized third parties. I think it brings back a DIY attitude to the internet.
If you're tempted to lecture me on your thoughts about what 'normal people' want and how its not what I just said, I would pre-emptivly argue you do not consider that normal people often co-opt what the inside few value first, and that if a system like this remains niche I would still value it. Web3 on this site is too much about dunking on grifters and too little about focusing on what the grifters are stealing.