Identities
Remembering lengthy wallet addresses can be challenging and hence, SoCon introduces a solution by adopting a naming system similar to domain names and IP addresses. However, this approach brings its own challenge – the risk of identity squatting and impersonation.
Users can now have a personalized and easy-to-remember username, like @yourname, associated with their wallet address. This enhances the overall user experience, fostering broader adoption of decentralized applications and platforms. Yet, security and authenticity must be ensured, as the absence of a central authority governing username allocation makes it susceptible to identity theft and malicious activities.
How does SoCon address these challenges?
By leveraging blockchain technology, SoCon provides a secure and privacy-centric approach, granting users complete control over their digital identities.
Here are some key benefits that SoCon brings to the world of decentralized social identities:
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Self-Sovereign Identities: Users own and control their identities.
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Unique SoCon ID : Ensures seamless interactions across decentralized applications without repetitive account creation.
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Human-Readable SoCon Name (SName): Enhances user experience with a readable alternative associated with the SCID.
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Enhanced Security with Signers: Eliminates the need for users to expose their custody address's private key.
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Account Recovery: Users can set up a designated recovery address for regaining control in case of compromise.
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SoCon promotes interoperability among decentralized applications, allowing users to navigate various platforms with a single set of credentials and data availability across different networks.
User-Friendly Identification in a Decentralized Landscape
SoCon maintains a dual identification system:
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SoCon ID: A cryptographically secure and globally unique identifier.
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SoCon Name (SName): A human-readable alternative associated with the SCID.