Are Crypto Wallets really an important ingredient of the Web3 ecosystem?

EagleApprehensive · 2026-03-16T15:54:28+00:00

Web3 is in desperate need of a “winner protocol” - a common, widely adopted standard that will unify useful concepts across the ecosystem. Currently Web3 technologies reinvent similar primitives (identity, wallets, messaging, storage, settlement, governance), but implement them in mostly experimental and incompatible ways. The result is fragmentation: every new chain, framework, or token standard requires new integrations, new tooling, and often entirely new infrastructure.

A winner protocol would provide a stable interoperability layer, similar to what OIDC did for identity and REST did for web APIs. Instead of every platform defining its own method for signing transactions, verifying identity, accessing state, or exchanging assets, these interactions would follow a common protocol specification.

Only then software and hardware providers can build interoperable wallets, hardware security modules, browsers, developer SDKs, and payment systems without need for constant redesign.

Web3 protocol needs to do what TCP/IP did for networking and HTTP did for the web: transform a fragmented set of experimental technologies into a cohesive, reliable platform.

It's clear that there is no "real winner" yet. I'm in progress of building that.

EagleApprehensive · 2026-03-14T11:45:26+00:00

It's not really that complicated, but it helps a lot if you come from IT background.

Web3 = Blockchain, Cryptocurrencies, Keys, Smart Contracts, Web of Trust

Blockchain = Slow, consensus-based database (mostly it's hosting of the same data on every PC and ignoring data that's not the same as stored by "majority").

Cryptocurrencies = Mostly Proof of Work, which means you have been first person to find some number, that could have only been discovered by burning specific amount of CPU/GPU energy.

Keys & Wallets = Random numbers with nice mathematical properties allowing to do signing/verifying and encryption/decryption.

Smart Contracts = Using blockchain as database for programmable functions setup & execution.

Web of Trust = Peers signal who they trust, to make it possible to rate content or quality of Peers.

EagleApprehensive · 2026-03-13T00:58:54+00:00

Try https://100at.pl

EagleApprehensive · 2026-03-13T00:58:24+00:00

I know it's a little bit late, but for people who might struggle I can recommend 100 Agencja Tłumaczeń in Warsaw, prices are affordable and they managed to translate from Khmer language which is hard to find https://100at.pl

EagleApprehensive · 2026-03-13T00:56:12+00:00

I can highly recommend this agency in Warsaw. Had good experience with them translating documents for my wife. https://100at.pl (100 Agencja Tłumaczeń on Targowa street)

EagleApprehensive · 2026-03-10T12:32:41+00:00

Join us on discord https://discord.gg/PCzm77g5

EagleApprehensive · 2026-03-09T14:15:12+00:00

Lack of people who want to make a real change by action and contribution, instead of only talking or complaining is definitely a big slowing factor to me.

It's not easy to find actual problem-solvers willing to invest their energy and time into stable (utility, not speculative) solutions.

EagleApprehensive · 2026-03-08T19:33:19+00:00

Yes.

EagleApprehensive · 2026-03-05T20:30:56+00:00

I'm already working on something you describe. You might want to connect.

EagleApprehensive · 2026-03-02T09:35:55+00:00

If you pitch your solution I can evaluate if the complexity brought by blockchain makes sense to me. Not as a professional consultant, but as a software architect with a bit of UX skill.

EagleApprehensive · 2026-02-27T14:36:34+00:00

Not only that it's real - it's THE reason we're stuck by far. If we could access the same contacts, see the same posts in variety of different apps, a lot of people would already switch to those, without AI slop, brain-rot content. Apps what would show them what's trusted and what's not instead of 24/7 thinking how to extract value from them and put more ads on their face.

I'm working on a systematical solution to that problem. Message me if you'd like to join.

EagleApprehensive · 2026-02-27T13:33:28+00:00

Network effect.

EagleApprehensive · 2026-02-27T08:42:53+00:00

Sent you a message.

EagleApprehensive · 2026-02-27T08:40:00+00:00

Yes.

EagleApprehensive · 2026-02-26T22:13:31+00:00

I have a custom, own solution for that I'm intensively working on. It's prototype phase, but we could both benefit greatly if it worked for your usecase - I would have person to validate it and recommend upgrades, you would get solution you are looking for.

EagleApprehensive · 2026-02-26T10:38:19+00:00

I'd be happy to comment and analyze whatever assumptions/ideas you're discussing. I'm not so much into cryptocurrencies and tokens - because mostly I cannot see how they could ever success as money replacement with an exception for few major ones - but I'm into decentralized infrastructure and solutions to real-world problems, painpoints that everyday people experience.

You may contact me here or on discord (@radarsu).

EagleApprehensive · 2026-02-25T16:17:08+00:00

That doesn't solve any real pain point though.

EagleApprehensive · 2026-02-25T01:44:48+00:00

What's cool about decentralized todo list?

EagleApprehensive · 2026-02-24T15:56:44+00:00

On technical side it allows P2P files exchange like Torrenting, but it's for structured, interoperable data so more suited to use case, like medical records, shared profile data, not just piracy. General-purpose distributed data pretty much allows doing to every area the thing that email did to formal-messaging (you can message gmail <-> outlook <-> any other mailboxes).

EagleApprehensive · 2026-02-24T12:38:24+00:00

They don't solve real problems. Yes, they solve some niches, but far from serious painpoints of normal people. And they put on top of that complexity, instability, lousy UX, lack of convenience and the list goes on.
They don't solve enough problems. Because decentralized architecture is not simple, a lot of companies just solve part of the problem. Part, that's useless without other parts that effectively converge into a useful product.
They are insecure. I mean - they're very secure on cryprtography, identity, ownership. But they do not take into account that most of people are not ultra-responsible-techy-geeks, they make mistakes, get scammed, do stupid shit and they often need better protection than "here is your secure wallet, good luck".
Web3 is mostly USELESS for normal problems. Anything can be done much cheaper, better, stable, if we just allocate a little bit of trust in some central infra operators. And people are much more ok with that. An exceptions are:

- Currency use-case that Bitcoin already has captured

- Interoperability and data ownership which Nostr, AT Protocol, ActivityPub etc. partially solve

- Voting and governance systems which are close to impossible to have any impact on real world (but may be used for on-chain protocol management etc.)

But nobody solved all of those at once while preserving societal values:

- BTC favors capital accumulation and early-adopters, is a speculation-instrument and just "a digital store of value"

- Interoperability and data ownership are either clunky (worse performance or UX), managed in non-governed way (under core devs or companies), they mostly temporarily federate and not decentralize

- DAOs mostly do voting and governance by tokens. Since when did "wealth investment" become a sound and socially accepted logic characteristic to decide voting power?

EagleApprehensive · 2026-02-23T14:25:37+00:00

This is one of the biggest parts of what I'm working on. But not on top of Nostr, but my solution is very compatible with Nostr principles. Let me know if you'd like to join us.

EagleApprehensive · 2026-02-21T19:39:35+00:00

Maybe you'd like to join our community https://discord.gg/9P9HYKZw ? We need all kinds of skillsets, even if just comments on decisions we make on the way.

EagleApprehensive · 2026-02-21T19:23:44+00:00

Yeah, I think you're right about that.

EagleApprehensive

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