@AronMorhoff Zeit für dezentrale Lösungen wo dich keiner rauskicken kann. Schau dir mal @ERC725Account an.
Ein digitaler Account der dir gehört, die Grundlage für Beständigkeit in diesen unsicheren Zeiten, wo viele einfach gecancelt werden.
"The Onboarding Problem - Why Your Mum Isn't Using Crypto"
Crypto has an onboarding problem.
And it's killing adoption.
• Seed phrases scare normies
• Gas fees confuse retail
• Wallets intimidate enterprises
50%+ drop off during KYC alone.
One blockchain is solving this. Let me show you how 🧵
"Worst Performer with Best Tech"
I compared the worst-performing crypto of 2024 against top memecoins.
The results are absolutely insane.
One has 155,000 validators and working tech. The others have dog memes.
Guess which one the market chose? 🧵
Your profile should travel with you 🆙
We’re used to “logging into a platform” to access our identity, followers, and communities. Onchain identities change that - you own your profile and plug it into apps, instead of apps owning you.
Universal Profiles on @lukso_io ✨
I think a lot of people misunderstand what the term decentralized social actually means in crypto.
It does not mean to simply replicate platforms like X or Facebook and run them on the blockchain.
This is the same as believing email and messengers were only a slight improvement on postal mail.
What decentralized social actually means is a complete redefinition of how our internet accounts work and communities can act, work, govern, own, and interact.
Under this new paradigm people can form living communities, companies, movements and collectives. Groups that span the globe that are fluid. Those cannot only communicate, but also hold and transact value!
As the author of the ERC 20 token standard, which kicked off ICOs and DeFi, I would love for our industry to move beyond tokens already, but even in this new paradigm tokenization will play a major role in its first iteration.
But☝️ not tokenization how we have seen it in the past! It will be tokens that function as a connective tissue (a term we used in the LUKSO white paper from 2019).
Those will not be tokens that you buy or sell. Those will be tokens that you own, earn, collect, and sweat for. Tokens that will hold your status and your reputation, your access and your enable your participation.
The only thing more valuable than money is the things you cannot buy 💸
This will form a whole new industry of protocols that I call Decentralized Reputation Systems - or dRep for short.
The possibilities that we saw in DeFi will equally apply to reputational assets, with the difference that those will not be translated into monetary value necessarily.
They will be translated into visibility and a collective shared understanding of our collective tissues.
This will involve systems like:
- reputation batching
- grouping
- and translations into simple number systems, like currency like tokens
All with the proof that they are based on the actual initially foundational reputation that was earned or collected over time.
Those tokens will be marked by non-transferability, revocability, and self-issuability.
The account system needs to be profile-centric, fully user-owned, and highly generic.
With such a decentralized account system and these new forms of tokenization, we can create the infrastructure for a new internet and a new society at large.
@lukso_io is leading this effort and the Universal Profile aka @ERC725Account can become that account system that is needed to make this possible.
💡 LUKSO isn’t just another blockchain.
It’s an identity revolution.
Your wallet becomes your passport.
Your art, your history, your story all tied to a single, recoverable smart account.
@Normal_2610@durov You need the right foundation to build something like this. Decentralization is a gift and a natural way of organizing. Look at LUKSO it's the right infrastructure to build our digital alter egos on.
@lukso_io@ERC725Account
Great summary of the journey so far! This decentralized infrastructure opens up endless new possibilities and is a solid foundation for the future!
LUKSO Documentary: The Blockchain for Identity, Culture, and Ownership https://t.co/bvNtWJCinH
@lukso_io@Ninjafromqueens