It’s just what it sounds like: a standard way to use an Ethereum wallet that you own as an identifier across multiple services. If your first thought is, “my name isn’t even attached to my ETH wallet,” that’s exactly the point: Using a cryptographic marker as an identity means the user, not the identity provider, has total control over what information is associated with it. Eventually, you’ll be able to decide, for instance, whether a particular service needs your name, proof of your age, or a glimpse of your ETH balance. You won’t have to send all that information to every service you use.
Related posts
-
Spot Ethereum ETFs End 6-Day Drought With $90 Million Inflow — Will Ether Price Respond?
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the... -
Ethereum Price Repeats Bullish ‘Megaphone’ Pattern From 2017
Este artículo también está disponible en español. The Ethereum price has formed a key technical pattern... -
Ethereum Shorts Hit Record High as Market Leverage Soars
Leveraged short positions in ethereum (ETH) have climbed to...