Author: Spike
Original editor: Jerry Crypto
DID：Decentralized Identity❎
DID:Dissociative Identity Disorder✔️
When we search for the word DID in Google, the first thing that pops up is its medical explanation - "multiple personality disorder", not the concept of decentralized identity that we are familiar with. Compared with concepts such as DeFi, GameFi, NFT, and DAO, DID is an extremely neglected field that has not attracted enough attention from investment institutions and technology developers.
In the context of calling the richer and more diverse ecosystem based on Web 3 a decentralized society (DeSoc), we believe that DID is a key link in building DeSoc—realizing Web 3 native applications. Previously, we had hoped that the unique characteristics of NFT "Non-homogeneous Token" could complete the identity and asset confirmation of users in Web 3. But in fact, some NFT artists and creators are suffering from plagiarism and fraud. Not Web 3.
Creating a shared, flexible, and resilient identity layer is imperative: the DID is the backbone through which all digital elements flow. As DID is adopted by more users and Dapps, the processing authority of all digital elements must be in the hands of individual users. Users will not be limited to a single application ecosystem, and users do not need to be trapped in multiple applications. In the mist of individual account and password records; and only on the basis of DID empowerment, Web3 applications such as DeFi, GameFi, NFT and DAO, as well as grand future scenarios such as DeSoc and Metaverse, will bloom more exciting and even are great narratives—a topic to be discussed in the next article.
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The medium is the message, the soul is the identity🆔
Decentralization brings the return of personal value, and DID is a supporting measure of DeSoc from a broader perspective. In the context of the future world that Vitalik talked about is a decentralized society (DeSoc), a richer and more diverse ecosystem can be achieved through DID, and key decomposable property rights and enhanced governance can be empowered mechanism.
Of course, on the way to the Web 3.0 world, there is still a long journey based on the governance and development of a mixed reality society mapped with the physical world. In this mixed reality society that is mapped to the physical world, DID will become a unique personal identifier, which will not only be used in the Web 3.0 network world, but will have a wider use space.
If everything is going to be decentralized, then identity should also be decentralized. If a decentralized society continues to use Twitter and Facebook, it will obviously not be a long-term solution. When Web 3.0 becomes a new infrastructure, it is also possible to feed back the real world. For example, Debank displays on-chain activities around the on-chain address as a personal display page and has achieved certain results.
DeGenScore goes further—focusing on scoring personal on-chain activities, and credit records have shown their power in the real world. From official credit records to Alipay Zhima Credit, the informatization of credit records has demonstrated that compared with traditional The more effective side of risk control.
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Towards a further digital society
ThePrimedia tries to revisit the concept of the metaverse here—gather the power of technology and industry to construct the metaverse space, and reconstruct the digital society with Web3 decentralization, Token incentive mechanism and DAO governance structure. This is an upgraded version of Zuckerberg’s metaverse—if the metaverse space is just a digital space for games, entertainment, and office work, we need to use high-end chip technology, integrated circuit systems that may break through the Moore effect, and more efficient Network communication technology (5G/6G) and VR/AR/MR/XR hardware and development of advanced virtual engine and interactive technology, wearable biosensor hardware and adaptation of precise motion capture software and hardware to realize virtual space in the metaverse world Somatosensory response, movement rules and highly immersive experience, is it worth it?
Therefore, to reconstruct the digital society with Web3 decentralization, Token incentive mechanism and DAO governance structure, and to give human digital evolution a better social system and governance structure, is worthy of human beings to gather the power of technology and industry to build a digital space and Looking forward to the metaverse world. Therefore, this metaverse scenario will be even grander than V God's decentralized society (DeSoc).
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DID's changing role: from portals to links
Privacy is actually the marketing slogan of the early DID project promotion. As long as there is enough data on an address on the chain, it is not difficult to find out who you are. Just like the smart money tracking function of various products, it has become a basic configuration and can even be used as a Monetize this subscription feature.
Therefore, the core of DID is the interactive ability. Public chains can be linked by L2 and bridges. DeFi assets can be stored through wallets, and realized and traded through exchanges and DEXs. However, DID and the Web 3.0 network behind it are essentially the next-generation Internet that covers consumer applications. Excessive gas fees are an unsustainable business model. Cross-chain and cross-Dapp interactions must become basic functions, otherwise they will become information islands , which requires solving some problems:
1. The problem of too high Gas Fee must be avoided, and it must be low enough if it cannot be free, so that ordinary users have the motivation to migrate and try out DID;
2. The product story needs a new narrative system, or privacy, or token, or trendy. First, a consensus must be achieved in the encrypted world before it is possible to promote it outward.
DID is like a door, there can be enough to ensure decentralization and prevent some gatekeepers from charging tolls, but after opening the door, there must be content to watch, otherwise users will never be retained, and DID will also become Water without a source is a tree without roots. Our discussion of DID itself is based on our belief that Web 3.0 is the future trend.
The logic of our value discovery and psychoanalysis for DID is that the huge value opportunity lies in the promised land of DID—from the entrance to the link node; but it also covers the spiritual pursuit of human evolution to the digital world, which must be a comparison It is a more advanced existence of the rules and order of production, life, wealth, freedom and social governance in our current physical world.
In order to realize all this, whether it is value opportunity or soul pursuit, we need to realize that DID itself cannot exist independently, and must promote and grow with Web 3.0.
Let’s reiterate our discussion at the beginning—as DID is adopted by more users and applications, individual users will not be limited to a single application ecosystem; users do not need to be trapped by multiple account and password records. troubles; the processing authority of all digital elements is in the hands of users; and on the basis of the empowerment of DID, DeFi, NFT, GameFi and DAO, as well as more grand scenarios such as decentralized society (DeSoc) and Metaverse, can A more exciting narrative will bloom.
References:
TeleGram：https://t.me/JerryThePrimedia
References:
Decentralized Identifiers (DIDs) v1.0
Skiff Mail is taking on Gmail by betting on privacy — and crypto
How to quantify the degree of decentralization of the system
Death of the Password? FIDO Alliance Reveals Its New Plan
