Overview
Decentralized identity is a self-sovereign model where users control their identifiers and credentials without a central issuer. It lets people own their identity across applications. It is a foundation of Web3.
How It Works
Users hold decentralized identifiers and verifiable credentials, sharing only what is needed for verification. Systems like ENS provide readable identifiers. Identity is portable across services.
Why It Matters
Decentralized identity reduces dependence on centralized platforms and enables privacy-preserving verification. It underpins reputation, credentials, and access in Web3. It is a key layer of the ecosystem.
Related Concepts
Decentralized Identity relates to Verifiable Credentials, ENS, and ZK Identity. It connects to Reputation Systems and Web3 Social.