Alright, you've seen ERC-4337 pop-up but have no idea what it is really about?
No worries, I got you covered! 🧵
#ERC4337 #web3 #crypto #smartcontracts
No worries, I got you covered! 🧵
#ERC4337 #web3 #crypto #smartcontracts
1/
The introduction of ERC-4337 has just given web3 a massive UX upgrade! The goal is to make crypto accessible to everyone, and this new development is a big step towards that. So what exactly is ERC-4337?
The introduction of ERC-4337 has just given web3 a massive UX upgrade! The goal is to make crypto accessible to everyone, and this new development is a big step towards that. So what exactly is ERC-4337?
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In a nutshell, it's a way to convert crypto wallets into programmable smart contracts. This abstracts away many of the complexities that made crypto a bad user experience, making it more accessible for everyone.
In a nutshell, it's a way to convert crypto wallets into programmable smart contracts. This abstracts away many of the complexities that made crypto a bad user experience, making it more accessible for everyone.
3/
But what does that mean for you? Here are some of the incredible upgrades:
✅ Key recovery: if you lose your keys, you don't have to lose your crypto
✅ Wallet 2FA: better security for your wallet
But what does that mean for you? Here are some of the incredible upgrades:
✅ Key recovery: if you lose your keys, you don't have to lose your crypto
✅ Wallet 2FA: better security for your wallet
4/
✅Transaction bundling: no more paying lots of gas fees
✅Pay with any token: more flexibility for your transactions
✅Security and fraud monitoring: keeping your crypto safe
✅Decentralized wallet recovery: social recovery for lost keys
✅Transaction bundling: no more paying lots of gas fees
✅Pay with any token: more flexibility for your transactions
✅Security and fraud monitoring: keeping your crypto safe
✅Decentralized wallet recovery: social recovery for lost keys
5/
✅Autopay crypto: think subscriptions, but with crypto
✅Sponsored transactions: someone else pays the fees
✅Daily, monthly, yearly spending limits: helps you budget your spending
✅Multi-party transactions: requires multiple signatures for added security
✅Autopay crypto: think subscriptions, but with crypto
✅Sponsored transactions: someone else pays the fees
✅Daily, monthly, yearly spending limits: helps you budget your spending
✅Multi-party transactions: requires multiple signatures for added security
6/
These upgrades are game-changers for web3 and will make it easier than ever for people to use crypto. Whether you're a grandma or a tech-savvy investor, these changes will improve your experience. The future of crypto is looking brighter than ever!
These upgrades are game-changers for web3 and will make it easier than ever for people to use crypto. Whether you're a grandma or a tech-savvy investor, these changes will improve your experience. The future of crypto is looking brighter than ever!
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