4 ms·
One piece that is for some reason insanely undervalued right now is: a global key sharing system with a baked-in reputation mechanism (you can burn cash to prov
by killthebuddha 4y ago
One piece that is for some reason insanely undervalued right now is: a global key sharing system with a baked-in reputation mechanism (you can burn cash to prove to the world you care about your public key). Combined with a human-readable naming system (like https://ens.domains/ https://ens.domains/ or https://www.lens.xyz/ https://www.lens.xyz/), you've got the world's simplest and most useful auth system. SIWE (https://login.xyz/ https://login.xyz/) is going to be the de-facto auth standard for all new web applications at some point in the near-ish future.
- naet 4y agoI've used multiple crypto based sign in mechanisms and own a (tezos) domain, and I absolutely do not think it is the future or going to go very mainstream. Maybe I'm wrong, but crypto-as-auth seems highly problematic in my experience. Perhaps the biggest issue is that if you lose your key you have no recourse to recover your identity. Another big issue is paying fees or waiting for transactions when I shouldn't have to, like updating some profile information or logging in to a service. I don't want to use any form of financial identifier or financial account to sign in to any non financial related web service for obvious reasons. There isn't really a decentralization imo if you're using metamask or kukai or other wallet service, it doesn't seem very secure, and it's a pain or flat out unsupported to use anything else. And for all these & other related drawbacks, I just don't see any upside over tradition auth systems.