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I can’t help but see the crypto stink all over this and recoil. This is just trying to salvage ideas and tools from the last fad into the current one. Seems li
by semiquaver 2mo ago
I can’t help but see the crypto stink all over this and recoil. This is just trying to salvage ideas and tools from the last fad into the current one.
Seems like “ask for approval, except you approve by spending a little of some random altcoin”
> Disclaimer: AC2 is a self-custodial Algorand wallet. You — and only you — hold your seed phrase, your keys, and your crypto-assets on your own device. Pera Wallet, Lda does not hold, custody, or have access to your seed phrase, your keys, or your crypto-assets, and cannot recover them on your behalf.
- embedding-shape 2mo ago> Seems like “ask for approval, except you approve by spending a little of some random altcoin” Is that actually what the text explicitly says? I'm not getting the same impression from the protocol they suggest, where is the spending happening? AFAIK, they're using the cryptographic primitives from Algorand for signing, no transactions required to approve stuff. But happy to be shown otherwise, I might have misunderstood.