Photo by Ahmed Carter on Unsplash Blockchains are useless in a perfect world. Let’s bring dApps to the places that need them most. My main focus at Gitcoin right now is driving mainstream adoption of Ethereum with seamless onboarding using meta transactions . To do this, we will need effective dApps that are compelling and useful. This brings me to a specific group of talks at Devcon4 called, “Society & Systems Breakout — Ethereum’s Impact on Society”. It was led by Rhys Lindmark and included some incredible talks like “Money is the killer Dapp: crypto in Venezuela” by Alejandro Machado, Eduardo Gomez and “Self-Sovereign Sexuality” by Ameen Soleimani , Chelsea Palmer . These emerging markets are where we should focus our onboarding efforts. This is where Ethereum has the most potential to impact the world now.
🔥👛 Burner Wallet There are places in the world today where it’s hard to find important goods with the traditional currency or the currency may fluctuate immensely in value due to inflation. Luckily, exchange of value is one of our most powerful assets in the Ethereum space.
Unfortunately, it is especially difficult to onboard new users because our ecosystem has such a steep learning curve. Traditional wallets put a huge burden on the user to understand a new currency and deal with seed phrases.
What we need is a way to exchange an intuitive currency like DAI using a simple and ubiquitous platform like the mobile web browser. Here are two phones exchanging value in a matter of seconds using burners: The phone on the left scans the code of the phone on the right, enters a value in USD, and 5 seconds later the transaction is complete. One mobile phone can send DAI to another in 5 seconds with a simple QR code scan without any wallet download, this works on web browsers. Users can even send value through messaging services like WhatsApp with a simple link! The Burner Wallet runs on the xDai sidechain from POA . Since it is in DAI, a dApp can simply refer to amounts in USD. Plus, block times take 5 seconds and gas costs are virtually abstracted because they are so cheap and paid in DAI.
Finally, the bridge between xDai and DAI/ETH is as simple as sending tokens to a specific address. A burner wallet is automatically generated upon visiting https://austingriffith.
com and on twitter @austingriffith Here is a follow up video to show how to go from Fiat to DAI to xDai and back: .
