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All
Not ‘All’. Just like 90% of startups fail, it is the same with 90% of crypto startups, and AI startups will fail. The 10% remaining will continue to exist. Just stop this absolutist nonsense.
>there is no “password reset” when it comes to iris data This is the most critical part, I think. If my Iris scan is leaked (which is not hard to do, from modified Orbs, similar to credit card skimmers, to mobsters scanning people's irises under threat of death), my identity will be stolen and I can't do anything about it. Do they have at least some sort of 2FA?
It disappoints me to see anyone discussing this on technical merits when the whole thing is a laughably bad idea. It really just needs to be buried into the ground before it gets started.
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> In the UK, I transfer money to my friends instantaneously and for free using just my bank account. You can do the same thing in the US. The problem is that businesses can't easily do this without collecting bank routing information from customers, which is effectively "secret" because it allows anyone to debit money directly from their bank account, so they're reluctant to provide it. What's needed is a low- or no-…
I think you are talking about a different use case to the parent. You seem to be talking about authorising businesses to take money from my account without needing further approval. A direct debit. Parent is talking about transferring money to someone else's account, which is easy and requires no secrets or authorisation.
Lots of good analysis here, with the main flaw (imho) coming in last*. The WC team may be book smart, but not experienced or wise, especially in building complex systems with high integrity and assurance. They cut too many corners, take too many intellectual shortcuts, assume away too many hard problems, minimize important constraints inherent in their chosen architecture, and clearly haven't really thought it all th…
We really don't deserve Molly White but thank goodness we have her. For those who don't know she also runs Web3 is Going Just Great[0] [0] https://web3isgoinggreat.com/
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I think you are talking about a different use case to the parent. You seem to be talking about authorising businesses to take money from my account without needing further approval. A direct debit. Parent is talking about transferring money to someone else's account, which is easy and requires no secrets or authorisation.
It would be nice to have both.
What problem needs to be solved?
> While Worldcoin may have developed an algorithm that reliably distinguishes unique irises among its test pool, it’s not clear that it will work with a pool orders of magnitude larger. This is a really key problem. The main application of biometrics today is in cell phones, and for those we operate on the assumption that we're trying to distinguish between the authorized user and a quite small pool of non-authorized…