Christopher Allen

@ChristopherA

@balajis @prestonjbyrne …thus the three big LESS (legally enabled self-sovereign identity) DID platforms (IBM-backed HyperLedger Indy/Sovrin, Microsoft/Consensys DIF, and http://Veres.One/Digital Bazaar) are all making great progress, while we who helped created the trustless BTCR are toiling without…

7/19/2020, 2:58:30 PM

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Christopher Allen

@ChristopherA

@balajis @prestonjbyrne We need support from the larger Bitcoin community, but anything that smells of identity at all largely turns them off. I want to implement BIP322 to sign BTCR messages with Bitcoin transactions, but @kallewoof reports little backing. We need people like you to help. …

7/19/2020, 3:01:58 PM

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Christopher Allen

@ChristopherA

@balajis @prestonjbyrne @kallewoof All this energy you’ve been putting in this week in talking about disintermediating Twitter is possible and there are experts like myself & others working toward. But the problem is not technical but financial. No VC wants to invest in anything truly decentralized as…

7/19/2020, 3:04:49 PM

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Christopher Allen

@ChristopherA

@balajis @prestonjbyrne @kallewoof The business models are difficult. Blockchain Commons is in no way recouping our expenses for things like our FullyNoded2 wallet or efforts toward decentralized identity on a trustless platform like BTCR as no one knows how to monetize it sufficiently. We are trying patronage…

7/19/2020, 3:08:11 PM

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Christopher Allen

@ChristopherA

@balajis @prestonjbyrne @kallewoof …but so far no proof that patronage is a viable model. VCs want an exit, not a fundamental bootstrap that could grow the whole pie. …

7/19/2020, 3:12:35 PM

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Christopher Allen

@ChristopherA

@balajis @prestonjbyrne @kallewoof There are higher layers that might be possible to be profitable for VCs but so far require the bottom layer to lock the user. Casa is an example, but as once you are using them you are locked into their solution, and they have no desire to in interoperate with other wallets.

7/19/2020, 3:13:37 PM

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Christopher Allen

@ChristopherA

@balajis @prestonjbyrne @kallewoof Which makes sense for them but not for the industry. Right now Blockchain Commons has been working with multiple wallet vendors for interoperability and no vendor lock-in, but it is hard. And it will likely be even harder as we start to create DIDs that will address your problems

7/19/2020, 3:16:22 PM

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Christopher Allen

@ChristopherA

@balajis @prestonjbyrne @kallewoof So I urge you to help us solve this underlying problem — there are some essential tools that can’t be safely monetized. The browser is an example: it needs to be free, and the biz model somewhere else, but we have fighting for 30 years to keep it from being abused and failing. …

7/19/2020, 3:19:24 PM

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