DIDG/ - Decentralized Digital Identity general - lil schwabi edition

[Anonymous No.54196983]

>DIDs and VCs: The Building Blocks of Self-Sovereign Identity
Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs) are crucial components of self-sovereign identity (SSI) protocols. They empower individuals and organizations to own, control, and share their digital identities securely and privately without relying on centralized authorities.

>DIDs
DIDs are globally unique identifiers that are created and controlled by the identity owner independently. They are registered on a distributed ledger or a blockchain, ensuring immutability and tamper-resistance.

>VCs
VCs are digital attestations of certain attributes or qualifications issued by a trusted party. They can be cryptographically signed and verified, allowing users to share and prove specific information without disclosing unnecessary personal details.

Both DIDs and VCs are integral to SSI, as they promote privacy, security, and user autonomy in the digital world, reducing the risks of data breaches, identity theft, and unauthorized data sharing.

> Upcoming Regulatory Changes: eIDAS and MIDAS
Two significant regulatory changes—the revised eIDAS (electronic Identification, Authentication, and Trust Services) regulation and the introduction of MIDAS (Market Integrity Directive and its accompanying Regulation)—are expected to impact the identity and crypto industries.

eIDAS is an EU regulation that establishes a legal framework for electronic identification and trust services. The updated eIDAS regulation will include provisions for decentralized identity solutions, which will help streamline digital identity management and enable secure cross-border transactions within the EU.

MIDAS aims to create a comprehensive regulatory framework for crypto-assets and their service providers. It will impose stricter requirements for identity verification, anti-money laundering (AML), and countering the financing of terrorism (CFT) measures, which will affect digital identity and crypto-asset businesses.

[Anonymous No.54196996]

everest very good coin ., 4channel do no sleep on everest ID have good digital id

[Anonymous No.54196998]

>>54196983
>Major Players
DID Projects with tradeable tokens.

>CHEQD
The cheqd protocol provides a decentralized, privacy-preserving digital identity solution. Its native token, CHEQ, is used for governance and to pay for identity-related services within the ecosystem.

>KILT
KILT is a blockchain-based protocol for issuing and verifying credentials in a decentralized, self-sovereign manner. The KILT Coin (KILT) is the platform's utility token, used for staking, governance, and transactions within the network.

>Everest
Everest is a centralized platform that combines biometric identity, a digital wallet tied to your phone #, and a cryptocurrency. The Everest ID token (ID) is used to pay for services, stake tokens for network security, and participate in governance decisions.


tldr; DID/VC is needed in order for DeFi to survive the coming regulation. forced, government-driven adoption = 1000x narrative this cycle.

[Anonymous No.54197011]

>>54196996
Everest is not true to the SSI ethos

[Anonymous No.54197030]

>>54197011
check and top kek,, this thread is bless by pepe frog! but you know y out are spreading paid fud and lie. everest have partnership with chainlink so you know it is legitimate

[Anonymous No.54197142]

>>54196998
>still comparing Everest to those shitcoins after the last thread

[Anonymous No.54197152]

>>54197011
oh right, you think the temporary use of sms during the alpha phase discredits Everest. one day it will be using your dna.

[Anonymous No.54197224]

>>54197152
>>54197142
good assist teammate. glad you are in TG to assist promotion of everest id coin

so no sleep on everest 4channels., have good responsive community

[Anonymous No.54197230]

I don’t think of Everest as a scam or illegitimate. It’s just a centralized piece of hot garbage. Why in the actual fuck would I want a single entity to control verification of my web3 ID!?! That stands against everything the decentralized community is trying to build. Holy fuck you lot are dense.

[Anonymous No.54197242]

>>54197224
you are a retard
simple as
>>54197230
everest doesn't control your data, the end user owns and controls their data. you are a retard too.

[Anonymous No.54197253]

>>54197230
you are paid fudder clearly ., everest have good legitimacy github activity you or anyone can view with fully audit code because is being built open source and decentralize

[Anonymous No.54197329]

>>54197253
Explain then… why do we need Everest specifically? When any company could verify your Identity or biometrics and issue a VC?

[Anonymous No.54197363]

>>54197329
You are responding to an ironic, shitposting Pajeet. Everest is the first mover in the space and has the neccessary regulatory licenses that would take anyone else years to get at this point.

[Anonymous No.54197403]

>>54197329
this coin have big utility because it essentially is a new method of two-factor authentications on blockchain by everest token or nft id

it big moonie moon mission

>>54197363
remember your TG instructions and not reply like that, . not organic

[Anonymous No.54197642]

1. Github is bare, with nothing much really released and none of these really relate to identity at all. In fact most of them aren't even original but forks/copies of something else https://github.com/EverID

2. This is supposedly the website of their ID network foundation and it is...quite bare to put it mildly https://identitynetwork.io/ (also, fine doesn;t mean much on its own.) Mostly it seems they are alone in this, without any real partners on their network.

3. They have these icons to the google play store and app store that go nowhere: https://www.everest.org/about - and I've manually searched across all 3 for EverID, EverWallet, Everest ID etc and nothing from them. I find this disappointing because I could have decoded their Android file to see what they were up to

4. They do have https://wallet.everest.org/ as a web app, so I thought I’d give it a try and at the same time intercept the traffic/sources it’s using to see what’s going on. They seem to be using assets from Kyber Network for their wallet. I don’t think they have made their own wallet: https://kyber.network/#build_with_kyber

5. If you try to sign up they prompt taking a picture for ID verification. I can’t get this step to work, at all but here’s some fun facts: their web app is a clean copy of a demo web app named “Sample React Application”

6. From the looks of it, they do seem to have some APIs functional at api.prod.identitynetwork.io and here’s what they seem to be doing. Where they REALLY mess up is that they write out a lot of secrets / inputs in plaintext client-side when they hash the image in JavaScript. Translation: I can basically edit the JavaScript and inject random data or someone else’s image in, for instance.

7. The fact that it's a single API that runs the whole thing is basically a great demonstration that they are a wallet skin around someone else's tech

All you have to do is hold $cheq. Everest is a rug. Get out while you can.

[Anonymous No.54197655]

>>54197642
you forgot to update the foundation website the last time i told you, that isnt even the previous one

your shitcoin will not survive without integrating everest

[Anonymous No.54197750]

>>54197655
Cheqd is just building an open platform. It’ll integrate with any ID verifier, you’re too based to see that Everest is just 1 of many, with nothing unique.

[Anonymous No.54197761]

>>54197655
It's on their website. I guess you're so daft that you don't even know your own project.

[Anonymous No.54197777]

>>54197750
Yes, I am too based.
>>54197761
I guess they haven't updated it, so what? https://foundationnetwork.org/

[Anonymous No.54197788]

4channels ignore the paid FUDDERS from cheqd, they promote scam. everest ID is legitimately token.

[Anonymous No.54197816]

business and finance fourm., everest is mooning rn

dyor but so no sleep on this token it moonie moon mission

[Anonymous No.54197825]

Just read multiple digital ID articles on chain link’s own blog… not 1 mentioned EverestID… kek, seems the Everest folks are the only one mentioning the partnership, bc they stood up a node -.-

[Anonymous No.54197857]

>>54197825
Oh shit boys, I guess this means Everest doesn't have an MFSA license anymore and won't be grandfathered into MICA. Everyone give a round of applause to this savvy detective.

[Anonymous No.54197877]

>>54197825
gets tired of paid FUDDERS., what it with everest ID fourm and paid FUDDERS crawl out of mud to bash good project with legitimate progress

[Anonymous No.54198103]

Just leave Everest and hop over to $cheq. There is still time. But I guess that everest fan boys are too low IQ to do that.

[Anonymous No.54198120]

>>54198103
Goddamn, you retards really dont understand the difference between identity and identification do you?

[Anonymous No.54198229]

>>54198120
dont bother everest teammate he paid fudder., they here to disrupt token promotions

[Anonymous No.54198357]

>>54196983
If you are not playing with Self Key you are not playing at all

[Anonymous No.54198459]

>>54196983
I buy Everest because price low

[Anonymous No.54198778]

[Anonymous No.54198797]

[Anonymous No.54199993]

thanks buying 100k usd of cheq but liquidity is low so will average in over next few weeks. Everest seems like its a clone of some other project.

[Anonymous No.54201621]

>>54196998

What about kilt

Anything new on the horizon?

[Anonymous No.54202519]

>>54197825
It’s not a partnership they are literally just using Chainlink. It’s a trick countless firms have used to legitimise themselves. ANON, LISTEN.

Digital Identity is going to be huge but these paid hucksters are trying to con you into handing your money over to a project with basically zero partnerships that is promising to somehow takeover the world by default. Avoid this shitcoin - true ID solutions like cheqd and KILT create entire partnership networks and are ready to connect with real Corporate Partners. They will melt faces. Dont fall for buzz words.

[Anonymous No.54203924]

>>54202519

[Anonymous No.54203986]

KILT whale checking in. You people have no idea what's about to happen.

[Anonymous No.54204127]

>>54203986
spoonfeed me kiltbull
cheqd and Kilt seem like the only legit projects. I only did proper DD on cheqd so far

[Anonymous No.54204971]

KILT is the chosen protocol of gods not people this is above what our minds can comprehend

first research what the nordic rune of fertility means and its connection with Ingo

Ingo was sent by omnipotent beings from 2030 to save humanity and bring fertile existence on this planet

Literally abundance and eternal fertility awaits all KILT holders may the gods spare everyone else

BLESS

[Anonymous No.54205903]

What about ORE?

[Anonymous No.54206052]

KILT, ORE, and CHEQD are all identification sharing platforms. They are not identity. That is the crucial, fundamental difference between them and Everest.

Identification = something you have i.e. drivers license

Identity = something you are i.e. biometrics

[Anonymous No.54207110]

>>54206052
Verified Credentials derived from biometrics can be easily issued with a DID which lives on cheqd.
Of course the cryptographic assertion would be from a DID document tied to a trusted well established organization, such as a government or credit union, instead of a rando crypto project

[Anonymous No.54207488]

>>54207110
And Cheqd has biometrics does it?

[Anonymous No.54207573]

Kilt barnacle checking in. Nice to see it finally getting mentioned on biz. I hope some of my biz sisters hop in.

[Anonymous No.54208173]

>>54207488
The problem DID/VC solves is discoverability of keys. That's the value add it promises to revolutionize legacy PKI systems.

Any jeet coder can make a page collecting biometric data. Its not relevant.
The final redpill is to hand the tools to do it in an interoperable fashion using DID/VC to organizations which already enjoy massive trust.

If you run an exchange, you wont trust a KYC credential issued by a nobody crypto project. You will trust the ones issued by the likes of an established bank, credit union, government.

DID/VC enables such parties to issue secure and interoperable credentials. Whichever project captures the value of doing so wins.

[Anonymous No.54208314]

>>54208173
That's cute. Your project won't survive regulations.

[Anonymous No.54208411]

>>54208314
the centralized data-collection everest is engaging in is likely a regulatory issue. It is an issuer in the trust triangle ontology the DID standard enables.

You said it best in >>54206052 , Everest is not competing with CHEQD and KILT, as it enganges in data collection and credential issuance while the DID projects create DID toolsets and verifiable data registries in the true sense of the w3c DID/VC specification (https://www.w3.org/TR/did-core/ & https://www.w3.org/TR/vc-data-model/)) .

[Anonymous No.54208564]

What about Space ID

[Anonymous No.54208746]

>>54208564
>Space ID
I looked at https://docs.space.id/ and it seems to focus on being a domain name system, which is cool but I cant find anything about DID/VC

Does it use DID or verifiable credentials? link me and ill add it to OP pasta

[Anonymous No.54209595]

>>54196983
>>54196998
There is only one project in this entire space that is still going to exist in 10 years, and that's Everest. None of you have bothered reading the entire text of MiCA, autistically follow the news surrounding regulators in the US and the pressure being put on them to just copy the EU, you haven't listened to hours of central bankers and the BIS explicitly laying out what they want to see from regulated protocols and defi projects. You're all ngmi.

[Anonymous No.54209723]

>>54204971
That's cute. Bob Reid literally performs blood magick sex rituals with goats on a bimonthly basis, earning him the moniker "The Terror of Lahore" in the villages he frequents. I've personally seen him taking shot after shot of tubes full of harvested stem cells after chanting weird incantation over them to restore his vitality. On the rare occasion where he gets drunk at conferences, he's been known to let it slip that he "can't wait to sacrifice these shitcoin CEOs on the alter of the All Father."

Your "token" is not in the same league.

[Anonymous No.54209750]

>>54209595
this
the truth is blindingly obvious

[Anonymous No.54209834]

>>54209750
It should be illegal to be able to accumulate something so massive at these prices

[Anonymous No.54210200]

>>54209723
you made this up VS something being coded into KILT's logo and founders name

KILT moon is literally coded into the blockchain every block is produced to make fertile and prosperous credentials against centralized garbage globalist propaganda

[Anonymous No.54210234]

>>54210200
Everything I wrote is literally real and fact checked: true by real American patriots

[Anonymous No.54210240]

poojeet rugpull scam

[Anonymous No.54210285]

>>54210234
just casual larp you cant back

no compare KILT logo with rune of fertility and founder's name 'Ingo' which literally means god of Ing as you can see

this is backing something by facts vs larping

credentials literally solve larping issues

show me the credential to larp of stfu

[Anonymous No.54210329]

>>54210285
Don't care, MiCA is going to put your shitcoin out of business within 18 months after it's ratified and published in April/May. What you want is identity, not credentials but you're too stupid to realize that.

[Anonymous No.54210399]

>>54210329
Just look at the price kek

[Anonymous No.54210429]

>>54210329
ye cus registering bullshit in Malta will give you superpowers

not like every reputable knows Malta is for dodgy business HQ for dodging taxes and regulations

kek KILT is literally backed by German companies and partnered with German energy agency

[Anonymous No.54210452]

>>54210429

[Anonymous No.54210570]

>>54210429
The high I'm going to get when you are financially ruined and the German energy agency (lmao) does fuck all for your piece of shit project as EU regulations kick in is something I can't properly put into words

[Anonymous No.54211206]

>>54210570
you will seethe just like now

cope and seethe will be needed when you will try to rob your neighbour's fridge for his locked KILT tokens

[Anonymous No.54211275]

>>54211206
You will never be a real identity provider. You have no biometrics, you have no regulatory approval, you have no ongoing monitoring. You are a credential sharing platform glorified by buzzwords about blockchain into a crude mockery of true identity.
All the “validation” you get is misunderstanding and non-compliant. Behind your back people mock you. Your peers are disgusted and ashamed of you, your “users” implement actual solutions behind closed doors.
Institutions are utterly repulsed by you. Thousands of years of KYC and AML have allowed institutions to sniff out frauds with incredible efficiency. Even DIDs who “verify” through soul bound tokens and ZKP won’t be accepted. Your lack of biometry at the base level is a dead giveaway. And even if you manage to get green check mark NFT, any serious clients will turn tail and bolt the second they gets a whiff of your failure to acquire a license.
You will never be compliant. You wrench out a fake verification every single morning and tell yourself it’s going to be ok, but deep inside you feel the regulation creeping up like a weed, ready to crush you under the unbearable weight.
Eventually it’ll be too much to bear - you’ll buy $ID, run a VNO, stake your tokens, and comply with regulations. Your clients will find you, relieved that they no longer have to risk dealing with the authorities. They’ll delegate their tokens to a VNO with a better reputation than yours, and every Everchain observer for the rest of eternity will know a superior solution is used. Your project will decay and go back to the dust, or you will be sent to prison and get butt raped daily by Tyrone and his gang.
This is your fate. This is what you chose. There is no turning back.

[Anonymous No.54211766]

Bump for Bob "The Mob" Reid