4 ms·
a private key signed cert as an identity or a part of an identity construct can certainly be important in many domains, but isn't that independent of 'web3'? or
by gz5 4y ago
a private key signed cert as an identity or a part of an identity construct can certainly be important in many domains, but isn't that independent of 'web3'? or are you referring to specific 'web3' projects?
- 0xB31B1B 4y agoHe’s talking about web3. This is the idea of soul bound tokens. It can and should be independent of web3, but the problem is that web3 companies have taken in 5-10b of institutional funding, they have zero users and zero PMF, and they need to keep flailing to spend down the money they raised. This you see these weirder and weirder ideas that provide marginal utility in a mostly utility free asset class.