I set up joshuaa.icp on #icnaming. The team for this project has come a long way!
#ICP naming systems are pretty cool. Here's a short thread on why.
1/n
I love #eth as much as the next guy. But gas fees are brutal. It cost me (if memory serves) around $70 to register my .eth name... and the majority was gas.
Setting data like my site name, twitter, and other chain addresses is extra. Don't even get me started about changing data after registration... that's more gas.
#icp apps can use reverse gas models, meaning that users don't pay any gas fees at all. This is sustainable when you have transaction fees that are a fraction of a cent!
The #icp stack is at the point where I can deploy a personal site (on my long todo list) on the Internet Computer blockchain, host an NFT profile pic on the chain, and link both of those to my personal .icp name.
Probably nothing.
#icnaming, if you make joshua.icp available to me to register (falls below the floor of 7), I'll go ahead and swap over my twitter handle to it.
For more content like this, please drop me a follow! :).
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#Crypto is primed to be transformative. But until it's uncommon for people to lose their wallets due to human error, it may never achieve widespread adoption.
Here's a thread on the problem, and a possible solution.
1/n
I personally know multiple people who have lost life-changing amounts of money due to losing access to a wallet. (I won't @ you for privacy reasons... but you know who you are).
2/n
In a private-key controlled system, you are a single point of failure. Human error, kidnapping (rubber-hose cryptanalysis, anyone?), hacking, a fire, or hardware/software failure could compromise a copy (or all copies) of your keys.
3/n