🔼 [Analysis] Decentralized identity trilemma – Maciek

Identity remains an unsolved problem for decentralized networks. The trilemma exists because we do not have a decentralized source of scarcity for human capital. None of the existing solutions are privacy-preserving, Sybil-resistant, and self-sovereign at the same time.

• Privacy-preserving — one can acquire and utilize an identifier without revealing their ‘real name’ or any other personality identifying information in the process
• Sybil-resistant — identity is subject to scarcity; i.e. creating more identifiers cannot be used to manipulate a system
• Self-sovereignty — anybody can create and control as many identities as they wish without 3rd party involvement