Why Account Abstraction (#erc4337) is changing the gamešš¼š§µ
Quick analogy:
ERC-4337 going live on mainnet is like paving over a remote jungle trail with 20-lane super highway!
This kicks open the barriers to web3 mass adoption.
Here's whyšš¼
Quick analogy:
ERC-4337 going live on mainnet is like paving over a remote jungle trail with 20-lane super highway!
This kicks open the barriers to web3 mass adoption.
Here's whyšš¼
Think of Account Abstraction (ERC-4337) as a way to program smart contracts.
The possibilities are endless.
Programming smart contracts makes blockchain transactions customisable to ANY user logic.
This is the tip of the iceberg.
Here're 5 ways to leverage ERC-4337šš¼
The possibilities are endless.
Programming smart contracts makes blockchain transactions customisable to ANY user logic.
This is the tip of the iceberg.
Here're 5 ways to leverage ERC-4337šš¼
1. dApps can sponsor gas fees for users.
This is critical when onboarding Web2 users, as it removes the complexities of gas fees management.
Even Grandma can go Gasless!
This is critical when onboarding Web2 users, as it removes the complexities of gas fees management.
Even Grandma can go Gasless!
2. Social logins + account recovery.
Instead of fumbling with seed phrases and private keys, users can log onto dApps with social accounts or emails.
Users can also recover lost keys via multi-signatures, and even 2FA, something traditional banks are using.
Instead of fumbling with seed phrases and private keys, users can log onto dApps with social accounts or emails.
Users can also recover lost keys via multi-signatures, and even 2FA, something traditional banks are using.
3. Batching transactions for easier UX.
Imagine replacing multiple steps into 1-click interactions.
This means streamlining things like setting approval, swapping native tokens, and executing transactions into 1 single transaction.
Imagine replacing multiple steps into 1-click interactions.
This means streamlining things like setting approval, swapping native tokens, and executing transactions into 1 single transaction.
4. Creating 'Session Keys' for seamless UX.
For gamers who want undisrupted UX, they can set pre-approved conditions (time periods or whitelisted dApps) to automate transactions w/o leaving the gaming environment.
For gamers who want undisrupted UX, they can set pre-approved conditions (time periods or whitelisted dApps) to automate transactions w/o leaving the gaming environment.
5. Automating controlled payments.
Imagine being able to automatically pay for subscriptions at capped amounts via delegable accounts.
This is what banking customers are already familiar with.
Imagine being able to automatically pay for subscriptions at capped amounts via delegable accounts.
This is what banking customers are already familiar with.
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