devcon 7 / butterfly effects paradoxes of account abstraction in defi
Duration: 00:00:00
Speaker: Niharika
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
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.
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.
Activation in crypto -- how crypto apps go mainstream!
In this talk, I'll break down patterns I am seeing having helped onboard 10M+ users to crypto apps. From natives to newcomers, what are the factors that lead to onchain activity and sticky usage in consumer apps. I'll work through the few things that native apps do to onboard mainstream users onchain and how this impacts protocol development moving forward.
Building a Smart Passkey Wallet with AA
Passkeys are now one of the most popular tools in building good UX in Ethereum ecosystem. In this workshop, I will build a secure simple smart wallet utilizing passkeys and start sending basic transactions on L2s. During 2h worksop, we will try to cover lots of topics related to wallet usability and achieve a great example. The power of Account Abstraction with RIP-7212 will be clearly visible.
Chain-abstracted Smart Accounts -- How to Build Amazing Web3 UX in 2024
Chain abstraction (CA) and account abstraction (AA) have been two of the hottest topics in Web3, but few people know how to use them together. In this talk, I will explain how developers can build amazing Web3 experiences by combining AA with CA in the form of "chain-abstracted smart accounts" -- smart accounts that can spend their balances on any chain without bridging.
The Wallet and UX Stack to Build Web3 Applications for the Masses
In this talk I will give an overview of how wallet infrastructure and the relationship between wallets and dapps have evolved over the past 5 years. And give a layer-by-layer breakdown of the modern wallet stack from signers to smart account modules, how each component contributes to a UX unlock on Ethereum/L2s, and how application developers can use them today. We will also touch on pertinent ongoing EIPs such as 7702 (deploy code for EOAs), and 7715 (permissions).
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.
The State of Web3 Support Today: What Just Happened?
One of the most common and painful experiences someone can have today is also one of the most fundamental concepts we tend to take for granted - transactions. Users who seek support for their issues lack the appropriate level of information to even understand what they were doing when it all went wrong. This talk will examine why core web3 experiences are still problematic and propose things to consider when building experiences for everyone that ranges from in app UX to community support tools.