Kristof Gazso | kristof.eth Profile picture
founder @pimlicoHQ | co-author of ERC-4337 | slow is fake
Nov 24, 2022 24 tweets 5 min read
We are witnessing the rise of non-financial applications on Ethereum.

But there is a problem: if we stay with our current account model, these apps will be unusable.

Account Abstraction solves this!

Here's how:

(🧵) 1/ Some background:

Many non-financial Dapps like Dark Forest require the user to quickly take many actions on-chain.

There are currently two ways these Dapps can get around this problem.

One way is to keep relying on your already existing wallet.
Oct 2, 2022 18 tweets 7 min read
After a successful Merge, Account Abstraction (AA) is shaping itself to be the new 'big thing' on the horizon for Ethereum.

The name makes it sound like a scary concept, but it is in fact very simple

A thread 🧵 on what Account Abstraction is and why you should care about it: Ethereum currently has two types of accounts:

1. Externally Owned Accounts (EOAs): these accounts are simply controlled by a private key that derives to a specific address. They are what most users use to interact with the blockchain. Think @MetaMask, @rainbowdotme, and @Ledger