ERC-4337
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Is ERC-4337 Changing Smart Accounts, or Having Trouble Getting Started? 🥺
#Ethereum 's account abstraction advocate, John Rising, shared disappointing figures revealing low adoption rates.
Only 6.89% of initial smart accounts lasted over six months. Bundlers, vital for smart accounts, faced profitability issues despite increased #gas payments.
However, some, like Jesse Pollak of Coinbase, believe in gradual but positive growth. August saw a peak of 420,000 active smart accounts, but by October, it declined to 143,000. The question remains: Will #ERC-4337 truly transform smart accounts or face continued challenges in gaining traction?
#Binance
#crypto2023
#Ethereum 's account abstraction advocate, John Rising, shared disappointing figures revealing low adoption rates.
Only 6.89% of initial smart accounts lasted over six months. Bundlers, vital for smart accounts, faced profitability issues despite increased #gas payments.
However, some, like Jesse Pollak of Coinbase, believe in gradual but positive growth. August saw a peak of 420,000 active smart accounts, but by October, it declined to 143,000. The question remains: Will #ERC-4337 truly transform smart accounts or face continued challenges in gaining traction?
#Binance
#crypto2023
Hey there, world changers!
One Web3 is a trending Thai Blockchain community. It provides comprehensive content on blockchain & Web3 technology.
Brace yourself for some seriously cool stuff happening in the world of blockchain and let's explore what's new together!
Epic insights from ETHCC Conference in Paris! ( https://www.ethcc.io/infos )
WHAT IS ERC-4337 ?
ERC-4337 is the latest ERC standard deployed on the Ethereum mainnet to provide account abstraction. It was originally proposed as EIP-4337 in 2021 and later became ERC-4337 in 2023. The standard aims to unify the features of external-owned accounts (EOA) and smart contract accounts in the Ethereum protocol, allowing for a single account to perform token operations and contract creation. This enhances the design of wallets by adding features like account recovery, configuration, and updates.
EIP4337 revolutionizes Ethereum with account abstraction. Bringing a user-friendly journey where complex transactions management vanish.
By removing complex technical details, EIP4337 simplifies transactions, streamlines processes, and enhances user experience. This encourages mainstream adoption by making blockchain interactions intuitive and user-friendly. Additionally, it helps to increase scalability and efficiency through optimized resource allocation.
Web3 transforms social media and consumer apps. Developers build large-scale crypto consumer social media marketplace apps, paving the future.
Web3 Social Apps solve problems of data control, censorship, and unfair profits faced by traditional networks. Decentralization ensures privacy, reduces censorship risks, and fosters community ownership. Token incentives, smart contracts, and peer-to-peer interactions address monetization, trust, and control issues, revolutionizing the social media landscape.
If you can vision the future and see the benefits of Web3 feel free to like and follow.🌻🧗
#Write2Earn #ERC-4337 #beth #OneWeb3
One Web3 is a trending Thai Blockchain community. It provides comprehensive content on blockchain & Web3 technology.
Brace yourself for some seriously cool stuff happening in the world of blockchain and let's explore what's new together!
Epic insights from ETHCC Conference in Paris! ( https://www.ethcc.io/infos )
WHAT IS ERC-4337 ?
ERC-4337 is the latest ERC standard deployed on the Ethereum mainnet to provide account abstraction. It was originally proposed as EIP-4337 in 2021 and later became ERC-4337 in 2023. The standard aims to unify the features of external-owned accounts (EOA) and smart contract accounts in the Ethereum protocol, allowing for a single account to perform token operations and contract creation. This enhances the design of wallets by adding features like account recovery, configuration, and updates.
EIP4337 revolutionizes Ethereum with account abstraction. Bringing a user-friendly journey where complex transactions management vanish.
By removing complex technical details, EIP4337 simplifies transactions, streamlines processes, and enhances user experience. This encourages mainstream adoption by making blockchain interactions intuitive and user-friendly. Additionally, it helps to increase scalability and efficiency through optimized resource allocation.
Web3 transforms social media and consumer apps. Developers build large-scale crypto consumer social media marketplace apps, paving the future.
Web3 Social Apps solve problems of data control, censorship, and unfair profits faced by traditional networks. Decentralization ensures privacy, reduces censorship risks, and fosters community ownership. Token incentives, smart contracts, and peer-to-peer interactions address monetization, trust, and control issues, revolutionizing the social media landscape.
If you can vision the future and see the benefits of Web3 feel free to like and follow.🌻🧗
#Write2Earn #ERC-4337 #beth #OneWeb3