Sirlibz
Square has announced that it will be rewarding a Bitcoin developer with a grant for making wallets more user friendly. The announcement was made by the Cryptocurrency arm of Square through a tweet released on the 30th of October, 2020. The tweet made a shout out to Maggie Valentine, a developer working for blockchain start-up She256 as the one to receive this grant because she is a designer working to simplify wallet onboarding flows by reducing technical jargon and increasing user education -the tweet stated.
Square crypto, a branch of Square that deals with Cryptocurrency and blockchain has always shown it’s support for the bitcoin network through giving grants to developers and other bodies working to. The CEO of square is Jack Dorsey and he is a bitcoin maximalist, hence his company’s support for this innovation.
A Simple To Interact with Wallet
Valentine has given insights into what is building, she believes navigating bitcoin wallets is still a bit hard for crypto newbies and that you need a background in crypto to understand some bitcoin wallets.
people are not using Bitcoin or Bitcoin wallets because they’re too complicated. One thing that puts users off, she says, is the “technical jargon, unfamiliar user concepts”—plus potential users have had “little-to-no education.”
She hopes to improve this situation by examining how a selection of wallets “present private keys/seed phrases to users by looking at specific copy and onboarding flows”. Through this, she hopes to find out and understand what would be most beneficial to non-crypto-savvy folks, and then head over to designing it.
“Unless equipped with a technical background, users are often deterred from reaping the benefits this technology has to offer. To preserve the ethos of this space—an ethos built upon fixing the otherwise broken current financial system—it’s crucial to use design as a vehicle to create better experiences for all types of users.”
The new wallet will come with a good and quick to understand UI/UX design, hence why square believes that those factors shouldn’t be a determinant of who benefits from Bitcoin(BTC).
