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Anderson's avatar

Impressive for that $1m win, i'm curious what the terms of the payout were. I've noticed that non-comprehensive articles go far more viral than comprehensive, comp will do 200-500k but a minimalist overview gets millions, which at large makes sense.

I've been having discussions about the ~moats~ crypto companies can have as they're just open source software.Something I worry about is Stripe really trying to buy up crypto companies, with 2025 they bought Bridge/Privy AND they're working on Tempo. Centralization in crypto, IMHO will implode upon itself (or) become extremely dangerous, as stipe will become an insane rent seeking middleman.

Privy invited me to a developer meeting and it had me worried about a company using both Privy and Bridge, essentially allowing Stripe to own their customer base. Sling Money utilizes Bridge and Privy, but once meeting with Privy and hearing the roadmap I immediately dropped Bridge for ZeroHash, and am considering dropping Privy, even, before app goes live on App/Play store.

Katelyn Donnelly's avatar

They seemed to announce it pretty ad hoc. One of the runners up was a 'how to change your life in a day' post that seemed pretty comprehensive. IDK!

Tempo is interesting. Seems like it is trying to go more retail than Stripe which is mostly B2B. Yes, once it centralizes, we'll just be back where we started with just different players.

Are there are viable alternatives to Privy?

Anderson's avatar

A couple competitors, there are Web3Auth, Turnkey, Dynamic and Openfort.

Dynamic was acquired by Fireblocks, but Turnkey is definitely the least centralized at this time. For Solana mobile, their Mobile Wallet Adapter is free and secure, trying to mimic Apple Pay's native payment system ~ Turnkey for iOS/Android is cheap and I get to own the whole stack.

Farcaster's people now work at tempo!