Sui Network Enables Simplified Web3 Onboarding Without External Wallets
Layer-one blockchain Sui Network has made it easier for users to access decentralized applications (DApps) without the need for an external crypto wallet or seed phrase. The Sui Foundation recently introduced a new feature called zkLogin (Zero Knowledge login), which allows users to log in to DApps using their Google, Facebook, or Twitch login details, simplifying the onboarding process.
Sui Foundation Managing Director Greg Siourounis believes that this move removes a major hurdle in bringing blockchain-based applications to mainstream users. Siourounis stated, “By enabling users to access dApps with the social logins they have grown comfortable using, zkLogin removes a major hurdle for bringing the benefits of blockchain-based applications to billions of mainstream users.”
Onboarding has long been a challenge for the blockchain industry, with usability issues being a common complaint. This includes the need to sign for transactions, manage seed phrases, and provide complex information to use certain DApps. The co-founder and CPO of Mysten Labs, Adeniyi Abiodun, acknowledged the frustration of many individuals who would benefit from blockchain technologies but are lost due to the complicated onboarding process.
“Too many individuals – whose everyday lives would benefit from blockchain technologies – are irretrievably lost at our doorstep, frustrated at installing web3 wallets and managing seed phrases.”
With the zkLogin feature, users can now experience the privacy and ownership-preserving features of blockchain-based applications without compromising on security. Zero knowledge proof technology allows one party to prove the truth of an assertion without revealing any additional information.
Other Companies Simplifying Web3 Onboarding
Sui Foundation is not the only company working to break down barriers to widespread Web3 adoption. Cryptocurrency exchange DYOR recently announced the development of a social media-like app to interact with the decentralized finance (DeFi) market, aiming to make it more user-friendly. Moxy, a Web3 gaming company, takes a different approach by creating a competition-based esports platform where players can bet against each other and earn cryptocurrency.
Telegram trading bots, such as Unibot and BananaGun, have also played a significant role in onboarding. These bots allow traders to snipe new tokens and hunt airdrops directly within the Telegram application.
Web3 onboarding continues to evolve as companies explore innovative approaches to make blockchain technology accessible to a wider audience.
- Sui Foundation Press Release
- Cointelegraph: Web3 Mass Adoption
- Cointelegraph: Swipe Right – A Tinder-Like Approach to DeFi and Web3
- Cointelegraph: Embracing Adoption – Moxy Unites Web3 Gaming’s Evolution Beyond Tokenization
- Cointelegraph: Should Telegram Trading Bots Be Trusted
- Cointelegraph: BananaGun Failed Contract
- Cointelegraph Magazine: How to Protect Your Crypto in a Volatile Market
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