If you were asked to find a problem with Ethereum wallet transactions, what would you choose to say?

Are they various complex operations that are not friendly to beginners?

Or is it almost impossible to operate when the gas is high?

Let me first introduce that the wallet account we are using now is called an externally owned account (EOA). For example, the wallet account generated by MetaMask and Ledger is EOA.

Generally, our interaction with smart contracts on Ethereum requires users to have an EOA, which is a simple account type that can only send transactions by signing with a private key. In terms of experience, EOA is not very friendly to novices, for example:

Just yesterday, Silicon Valley Bank (SVB), a top-20 bank in the United States, declared bankruptcy. It was the second largest bank failure in U.S. history. The bank was unable to raise new funds due to a run on deposits. The Federal Deposit Insurance Corporation has now taken over the bank's deposits.

The next day, the SVB bankruptcy case immediately affected the encryption market.

Stable currency issuer Circle posted on social media today that Silicon Valley Bank is one of Circle's six bank partners and is responsible for managing approximately 25% of USDC's cash reserves with other banks. Circle is currently awaiting the impact of the FDIC’s takeover of Silicon Valley Bank on its depositors, but Circle and USDC continue to operate normally.

Market makers refer to traders who provide buy and sell quotes on the trading platform. Their main functions are twofold: first, to enhance market liquidity, allowing traders to buy and sell digital assets more easily at reasonable prices; second, to help To stabilize currency prices and suppress violent price fluctuations and manipulation.

So in my opinion, market making is to provide a certain degree of heat and liquidity to the market.

So, what is automated market making?

This has to mention DEX (decentralized exchange).

DEX is a blockchain-based trading platform that does not require users to store funds and data on the server, but directly conducts transactions between buyers and sellers. The advantages of DEX are safer, freer and more transparent, but the disadvantages are lower efficiency, poorer liquidity and more complex operations.