devcon 7 / activation in crypto how crypto apps go mainstream
Duration: 00:21:52
Speaker: Max Segall
Type: Talk
Expertise: Intermediate
Event: Devcon
Date: Nov 2024
ERC-4337: Adoption Analysis
Since the EntryPoint contract was deployed, millions of smart accounts have been created and UserOps submitted, via hundreds of exciting projects in the space. Join us as we look at the interesting trends onchain and the unique challenges and exciting opportunities faced by teams building in the space
Chain abstraction? But I want to know where my tokens are
As a space, we face a big problem: how should we think about where assets live. Is Eth different from oEth or aEth. Does it matter where Circle prints your USDC? Should chains delegated to the kind of infra that Google Cloud or AWS is today? Clearly, the fragmentations of USDC/USDT/xDAI and then all the L2s creates horrible UX. However, the underlying assets are different things and the chains they live on have completely different security guarantees. Let's fix this!
From MPC Wallets to Smart Contract Accounts
The proposal outlines a path for the mass adoption of smart contract accounts by using MPC wallet as a transitional solution. Users can start their web3 journey by using MPC wallets which can be done via social login. Later, users can turn the MPC wallets into smart contract wallets using EIP-7702, enhancing the user experience with feature-rich options while maintaining the security benefits of MPC wallets to protect the EOA private key.
Speedrunning chain abstraction EIPs
We look at different EIPs in pipeline across the CAKE stack and how they relate to chain abstraction.
Butterfly Effects + Paradoxes of Account Abstraction in DeFi
In this session, we’ll dive into the transformative potential of account abstraction in shaping the future of DeFi, exploring both its cascading impacts and inherent paradoxes. By pushing the boundaries of accessibility, onboarding, and wallet capabilities—such as multi-sig, social recovery, custom modules, transaction batching, and advanced transaction logic (ERC-7579)—account abstraction opens up new possibilities for collaborative DeFi, cross-chain interoperability, and enhanced composability
Bringing web2 users onchain: Picnic’s case study
Account abstraction had mixed success so far. Some specific purpose apps have been getting great usage, but there is still little economic value being transacted using account abstraction and very low repeat usage. By building Picnic, we discovered that account abstraction is currently much better suited to bring web2 users onchain than to cater for crypto natives. We'll share our learnings from the trenches and offer builders a fresh perspective on how to accelerate adoption.
The End Game Wallet: When Does Abstraction Go Too Far?
Chain abstraction has taken the front seat. As innovations continue, it's becoming increasingly stark that we will eventually approach a world where third-party solvers fulfill most transactions. The core protocol is also changing to cater to further abstractions even at the validator level. The question remains, how far are we willing to go in the name of efficiency, and optimizations, to which a user can't use Ethereum without third parties?
Building with Intention: Achieving System Qualities through Design Choices
Technical and design decisions should be viewed as means to achieving broader system qualities rather than ends in themselves. This talk reorients our focus on the underlying goals of these decisions, exploring why we build the way we do, what we aim to achieve, and whether there are better ways to reach comparable outcomes. Through examples and case studies, attendees will learn to critically evaluate their design choices and understand the broader implications of their technical strategies.
Open challenges in Mini-apps and Frames
There are a number of open challenges we've run into with trying to make interoperable mini-apps work at Open Frames. I'll run through some of them and what I think it'll take to get great UX via Mini-apps.
Wallet Infra Improvements, and Building Apps for the Next Generation
In this talk I go over infrastructure innovations that are happening in the space right now, how they’re going to be how we bring the next wave of users into crypto, and why right now is the best time to build a consumer app in this space.