Crypto wallets with easier sign-in options and recoverable passwords could become the industry standard in the future.
The complexity of the current Web3 wallets is one of the main issues stopping mainstream cryptocurrency adoption.
According to Bumblefudge, the janitor-in-chief at Chain Agnostic Standards Alliance (CASA), an autonomous blockchain developer organization, to facilitate large-scale adoption, the crypto industry will need to move past the current complicated seed phrases.
He said during a keynote speech at Web3 Summit 2024 in Berlin, Germany:
