Source ｜ Defirate.com
Translation ｜ First Class (First.VIP)
- A ladder is needed between the value gaps.
- New currency war has started: 5 routes compete with 23 countries to build digital currency barriers
- Why is it that the use of daily users counts DApp usage unscientific?
- Investment management company VanEck: Bitcoin is a great tool for diversifying your portfolio
- The agency said that 22,000 BitMEX users' personal information has been published online, will BitMEX face legal proceedings?
- Who is the biggest bitcoin holder: Nakamoto, Winklevoss brothers or "King of encryption" Barry Sylbert?
Last week, Google Play and the Apple App Store both removed crypto applications.
Before the public adopts DeFi products and services, there are still 981 barriers, including accessibility, user experience, speed, and so on.
The first barrier facing DeFi is the App Store / Android application store.
Apple's app store policy has raised concerns about coindesk. In order to prevent their apps from being taken down by the Apple App Store, Coindesk issued a statement saying it would disable its dApp browser feature.
On January 1, the Google Play app store banned the popular Android client MetaMask. Google claims that although MetaMask does not have a mining function, it violates the mining industry's policy on mining, so the application was removed.
Censorship by app store authorities has forced many cryptographic applications to give up ease of use in exchange for "security."
A common method of DeFi is to remove support for local dApps and let users connect to in-app browsers. This approach allows application vendors to avoid infringing any policies and still be able to indirectly connect to the DeFi service.
Unfortunately, the in-app browser is difficult to use and the user experience is very poor, which adds another level of competition between DeFi applications and traditional financial applications.
For the average person, DeFi is often a viable alternative to traditional financial services. Therefore, ease of use is one of the most important properties. To sacrifice ease of use in order to have a place in the app store, it is not a viable long-term solution at all.
In order for DeFi applications to gain more exposure and assurance in the app store, we need to improve two points:
1. Set better app store policies and higher decision-making transparency.
The relevant policies of the application store and the encryption industry are always ambiguous, which is a problem that needs to be solved urgently. Allowing them to go to the app store instead deleted key features, which is a compromise between developers and app stores.
The policy needs to list explicitly prohibited content, and for the benefit of the entire industry, the appeal process must also be more open and transparent.
2. DeFi supervision at the government level.
Broader regulation of DeFi products and services at the government level will bring more legitimacy to the field. This may be a more effective solution, as app stores have lower permissions in determining what is acceptable and prohibited in the cryptocurrency space.
No matter which kind of improvement plan is adopted, there are no shortcuts to solve this problem. In the short term, developers of encrypted applications will continue to feel the fear of being dominated by the app store and have no choice. In this way, it is undoubtedly a castration on the crypto industry.