👀 [Analysis] Observations about the crypto dev experience – Dani Grant
- Wallets are a big barrier of entry
- The amount of time to process on-chain transactions is super frustrating for users
- For a web app to interact with a p2p network like IPFS, the web app needs to run a local IPFS node, which is a lot to ask
- It was not easy to find an API for a developer to exchange one token for another
- Because this space deals with money, APIs that manage wallets or tokens can fall under the money transmitter regulation and need to do more regulatory work upfront to be able to operate in all 50 states
- Like any new technology, there are lots of weird quirks in Solidity and the Web3 API where things do not work as they should
- Not being able to edit a smart contract afterwards requires a different mental model
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