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Is it another one of those "cool new technologies" which exist only to push ETH? Or is it from the "hey we might have learned something from blockchain so we will apply some of the techniques but leave out the grift" side of the spectrum (so like KERI)?

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When I first heard of biscuits it was in the context of addressing the issues of macaroons. Macaroons have nothing to do with ETH. I don't care if biscuits can also be used in the context of ETH. I love macaroons and I wish they could be used in practice. Perhaps biscuits can be a good replacement for macaroons

This is not a cryptocurrency technology,it was designed with microservices authorization in mind, inspired from JWT and macaroons. I have looked at cryptocurrency related tech earlier though (pairing libs from zcash, gamma signatures), because it could be a good basis for attenuation, but moved to simpler solutions lately

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