Thread by @HypeByMister

As a founder in web3, I'm always on the lookout for new tools and technologies that can help us achieve our web3 incubator’s mission

That's why I'm so excited about the ERC-4337 crypto wallet.

@pixelabs_xyz
🧵👇

1/13🔥 #ERC4337 is a revolutionary proposal that can have the same impact as The Merge in terms of aiding mass adoption of crypto, and it's not getting the attention it deserves.

2/13🔥 In my view, ERC-4337 is almost a silver bullet for infrastructure development.

Its goal is to introduce Smart Accounts (think Smart Contracts) to the Ethereum Blockchain, making interactions with Ethereum significantly more user-friendly.

3/13🔥 Smart Accounts can do SO MUCH!

It introduces a better option for wallet recovery, an alternative to seed phrases.

You can nominate a group of people who, if they all agree, could gain access to your account.

4/13🔥 Smart Accounts also allow for easy 2FA, which many people have been calling for, for a long time.

5/13🔥 Bundling is a big part of ERC-4337, which effectively allows multiple transactions to be bundled together, requiring only a single signature.

This is a leap forward for security.

6/13🔥 Sponsored Transactions is another feature of ERC-4337, which means someone else can pay the gas/transactions fees for your transaction, a significant advancement for adoption.

7/13🔥 With Pre-Approvals, you can pre-approve transactions for a certain period of time, within a specific application.

This is useful for blockchain games, allowing you to play without having to sign a transaction via a wallet every time you want to buy/sell something in-game

8/13🔥 ERC-4337 also changes the subscription model.

Smart Accounts allow for this to be natively integrated in a streamlined fashion, solving the issue of approving a transaction each time you send the ETH.

9/13🔥 #VISA even released a document on the subject of ERC-4337, showing the potential this proposal holds for the future of blockchain. usa.visa.com/solutions/cryp…

10/13🔥 In conclusion, ERC-4337 is a game-changer for infrastructure development, revolutionizing how users interact with Ethereum.

It is a giant leap forward for crypto adoption and a small step for Ethereum.

11/13🔥 I believe the introduction of Smart Accounts will make interacting with Ethereum significantly more user-friendly, making it a more attractive option for those who are new to the world of crypto.

12/13🔥 The potential for ERC-4337 is enormous, and I urge anyone interested in the future of blockchain to read the proposal and understand its significance.

13/13🔥 Join us in our incubator vision to build a stronger infrastructure for the future of blockchain and contribute to our web3 Kickstarter.

And push for the adoption of proposals like ERC-4337 to make it more user-friendly and accessible to everyone.

Incubator.pixelatedapes.xyz

That's a wrap 🔥

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