Thank you for writing this up, and I fully support you and everything written.
But I think the foundations that we have currently in Ethereum are not sufficient to make this accessible to everyone.
We need new standards, ones that have the basic generality, and function to be extended with such privacy preserving features. @ERC725Account is exactly such a foundation.
Because it’s a foundation that allows mass adoptability of web3 primitives. And even though it starts out as a public on chain account, it can be expanded with all the development and tools that people have been experimenting with over the last few years.
Once we make those protocols more efficient, and integrate them with such an account system, one that’s more human accessible. We get one step closer into the vision that you laid out in this post.
That’s why we wrote this vision article:
https://t.co/ubL6MfGdse
Yes I agree. But with the right standards and foundations, so we finally move beyond tokens and trading.
@ERC725Account is the account standard for ALL EVM chains. Born on LUKSO to live everywhere! Standard are not owned by anyone.
We will make it a lot easier to use it outside of LUKSO in the future (but if you know your tech, there is nothing holding you back already)
LUKSO will then become the frontier where everyone can build around all new standards, with features you can’t get with ERC20 🙃