Notes for session G3 at WalletUncon 2023

Title of talk: Wallets SUCK at sending money
Convener(s) of talk: Hugo Montenegro
Scribe(s) of talk: anon and Konrad Urban (kkonrad)
Links to any presentation matter:

Notes

  • Questions: what is a crypto wallets?
  • If you don't have internet then wallets
  • Crypto users are a proper subset of tradfi users
  • PayPal in the late 90s and early 00s had a very strong acquisition mechanism through viral onboarding
  • There are over 100 VC funded wallet startups in crypto
  • Some random comments about cats
  • how to connect crypto and tradfi
    • zkp2p -> decentralised offramp
  • Links are an alternative for dealing with the complexities. Examples: Peanut Protocol, Daimo.xyz, TipLink, Beam Wallet
    • These links use secret-protected vault smart contracts. The sender deposits tokens to the vault and sends the URL to the receiver. The URL contains a secret, allowing the receiver to withdraw the funds.
  • zkp2p from zkemail + link-based payment mechanism with instant offramping
  • projects using links as a wa of transferring funds: request.finance, peanut.to, daimo.xyz, beam wallet.
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