Account Abstraction: Solutions for L1 & L2 Layers and Current State of Adoptionby@nazhmudin
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Account Abstraction: Solutions for L1 & L2 Layers and Current State of Adoption

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Despite the crypto market's ups and downs, crypto adoption has grown, with over 15 million active wallets in June 2023, driven by factors like lower fees, speed, security, and protection against inflation. However, education gaps hinder non-custodial adoption due to the complexity of blockchain tech. "Account Abstraction" aims to simplify this, separating the relationship between wallet and signer through smart contracts. Ethereum's EIP-4337 paves the way, but security risks remain. Layer-2 solutions like StarkNet and ZkSync are introducing native account abstraction, enhancing usability and security. The development of account abstraction is crucial for blockchain's widespread adoption.

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@nazhmudin

Nazhmudin Baimurzaev

Tech Lead at Superdao.co


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