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Based on my understanding, SC3 (extension) is more like Keychain.
I think for this kind of browser wallet, having one wallet password is much more intuitive.
It supports multiple accounts and users want to use multiple account conveniently.
Having a separate password for each account isn't convenient.
Also, probably for that reason, users are asked to set that password after importing account/key, which is very counter-intuitive.
In addition, don't user the term "Encryption key" in the above, since it sounds like a key of PKI. So users may think it should be some private key (or steem master password for that account).
Based on my understanding, SC3 (extension) is more like Keychain.
I think for this kind of browser wallet, having one wallet password is much more intuitive.
It supports multiple accounts and users want to use multiple account conveniently.
Having a separate password for each account isn't convenient.
Also, probably for that reason, users are asked to set that password after importing account/key, which is very counter-intuitive.
In addition, don't user the term "Encryption key" in the above, since it sounds like a key of PKI. So users may think it should be some private key (or steem master password for that account).