Consensys Goes for Builder Nights Tour 2023 to Tackle Account Abstraction and More

Consensys unveils Builder Nights to foster Web3 adoption and propel productive tech-focused discussion.

To better understand the implications of adopting EIP-4337, CryptoPotato reached out to Tom Teman, a PM at the Ethereum Foundation, who clarified:

With ERC-4337, you can use a smart contract as your account instead of a single key pair, which provides significantly better UX. “ In simple words, Account Abstraction allows use cases such as social recovery, alternative logins , spending limits, and others in a completely native Web3 way. It’s a series of initiatives designed to facilitate discussion between like-minded builders who will shape the Web3 industry in the future. It’s presented alongside key names like MetaMask, 1inch, Ledger, the Ethereum Foundation, Biconomy, Blockfence, and others.

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