Christopher Allen

@ChristopherA

Blockchain Commons is currently auctioning its second NFT, Identimancer #1, created by 88B88:X8IB @voodoovoid17, to support our continued work on self-sovereign identity. [1/12] https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/23329406590917769582697114686361498707644446075778430145570703786260194918401/

10/5/2021, 1:16:10 PM

Favs: 7

Retweets: 2

Christopher Allen

@ChristopherA

I hope that you’ll bid on the piece to uphold our creation of an open self-sovereign identity (#SSI) infrastructure that is decentralized, trust-minimized, platform-neutral, blockchain-neutral, and vendor-independent. [2/12]

10/5/2021, 1:16:10 PM

Favs: 3

Retweets: 0

Christopher Allen

@ChristopherA

But our sale of this NFT is more than that! At Blockchain Commons @BlockchainComns we are focused on identifying and solving underlying fundamental problems of blockchain infrastructure & security. [3/12]

10/5/2021, 1:16:10 PM

Favs: 5

Retweets: 1

Christopher Allen

@ChristopherA

Identimancer #1 and future sales from the #SSI NFT collection represent Blockchain Commons’ entry into the world of #Ethereum, where I hope to demonstrate some of our same principles of self-sovereign #SmartCustody & responsible key management that I pioneered for Bitcoin. [4/12]

10/5/2021, 1:16:11 PM

Favs: 6

Retweets: 1

Christopher Allen

@ChristopherA

Right now Ethereum assets are very vulnerable. To start with, Ethereum is focused on a model of one seed generating one hot private key. That key does everything, holding your NFTs, sending funds, and authorizing contract use. It’s a Single Point of Failure AND Compromise. [5/12]

10/5/2021, 1:16:11 PM

Favs: 3

Retweets: 2

Christopher Allen

@ChristopherA

Beyond that, most Ethereum transactions are conducted through a browser plugin that uses javascript. That can make your single key even more vulnerable. You could be compromised through your wallet or because you’re transacting from an internet-connected computer. [6/12]

10/5/2021, 1:16:11 PM

Favs: 2

Retweets: 1

Christopher Allen

@ChristopherA

Meanwhile, approval UXes are non-standard and non-intuitive. It’s way too easy to use something like a token drop as a cover to trick someone into providing enough authorization to steal their funds. https://www.bsc.news/post/airdrop-scams-continue-to-surface-on-layer-1-defi-networks [7/12]

10/5/2021, 1:16:12 PM

Favs: 2

Retweets: 1

Christopher Allen

@ChristopherA

To date, Blockchain Commons has worked with the #Bitcoin wallet community to address similar problems on the elder side of blockchain cryptocurrency, with airgapped wallets, partitioned services, and our Gordian principles of independence, privacy, resilience & openness. [8/12]

10/5/2021, 1:16:12 PM

Favs: 3

Retweets: 1

Christopher Allen

@ChristopherA

We’d like to similarly encourage responsible key management on #Ethereum, though there are real challenges such as the very high cost of smart-contract based multisigs, which creates a requirement for alternative solutions. [9/12]

10/5/2021, 1:16:12 PM

Favs: 1

Retweets: 1

Christopher Allen

@ChristopherA

Bidding on the Identimancer #1 NFT will signal that you’d like to see Blockchain Commons supporting ways to improve the safety of Ethereum assets. Help us to bring our lessons learned to a second cryptocurrency! [10/12] https://opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/23329406590917769582697114686361498707644446075778430145570703786260194918401/

10/5/2021, 1:16:13 PM

Favs: 4

Retweets: 0