Notifications will be improved yes.
There is some occasions where app needs active or owner private key. And easier and convenient way for ordinary non-crypto user is to just use one password. App allows one to transfer fund and follow/unfollow, update account profile picture and many more features to come and I think keeping it simple with asking one password looks more feasible right now. I would like to know your opinion about it though, What are your thoughts? Password is always kept locally and it never sent to any third party servers. Transactions are created locally and signed locally and then broadcasted.