medhakothari
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As abhorrent as it is, honestly couldn’t expect anything different from a centralized institution. I have a lot of respect for CEXs and their place in the ecosystem. In fact, I use them! But in the end, they’re just simply not as philosophically driven. They’ll forgo crypto ideals the moment it becomes convenient to them.
We need to make sure we don’t completely forget our libertarian roots
We need to make sure we don’t completely forget our libertarian roots
Thank you sm for the shoutout @Dune ! Pumped for everyone to get access to our 7702 Smart Wallets so soon.
our 7702 contract just went through final audits ~~~~
@saraareynolds and @_ericzhong have been COOKIN! so excited to get this to our users v soon
@saraareynolds and @_ericzhong have been COOKIN! so excited to get this to our users v soon
our 7702 contract just passed our final audits ~~~~ @saraareynolds and @_ericzhong have been COOKIN! so excited to get this to our users v soon
1 click swaps, live on Uniswap rn for all 5792-enabled wallets NOW. swap fasterrrrr🚀
Coming up v soon: launching our own smart wallet :)
Coming up v soon: launching our own smart wallet :)
whoaa cool seeing so many delegations through @WhiteBit, can anyone from their team can explain to me how its being used/if i can see their contract?
Currently testing out 1 click swaps (enabled via 5792 batched txns) on @Uniswap 👀 Coming to you v soon 🏃♀️
Happy Pectra-eve! Getting lots of qs on 7702 — quick list of what diff stakeholders can expect once it goes live off the top of my head
1️⃣ Users
- On day 1 not much should change (hopefully). Your wallets will be fine. One important thing about 7702 is that it enables some form of account abstraction, but in a way where EOAs are still important & have ultimate root access to your wallet. So if you have that, you’re still able to have full custody & control of your assets, will be able to revoke delegations, etc.
- Once wallets like Uniswap wallet, Metamask, etc start launching their smart wallet features, you can expect to see a delegation flow. It’s rly up to the app how they expose it, and how much theyre telling the user. I imagine there will be a mix of silent/hidden upgrades, as well as flows that ask for the users to consent to delegate. These delegations (aka authorizations) will likely be sent in with another transaction (eg a swap or a send).
- On etherscan, you will be able to easily see if your wallet is delegated. They’ve done a great job supporting this early!
- Once you’re delegated, you can expect to see benefits like batched txns (which enable 1 click swap!!), gas abstraction, permissioned keys, session keys, etc etc come over time. I don’t expect these to be common day 1, but as app devs start realizing these are tools in their chest, it’ll happen!
- The delegation onchain will cost a small amount of gas, fyi.
- If you’re used to copying your seed phrase to multiple wallets, this is where you may see some issues. Some wallets may decide to redelegate you. Some may decided to revoke your delegation. Some may do nothing and support you as is! Really depends on the wallet.
1️⃣ Users
- On day 1 not much should change (hopefully). Your wallets will be fine. One important thing about 7702 is that it enables some form of account abstraction, but in a way where EOAs are still important & have ultimate root access to your wallet. So if you have that, you’re still able to have full custody & control of your assets, will be able to revoke delegations, etc.
- Once wallets like Uniswap wallet, Metamask, etc start launching their smart wallet features, you can expect to see a delegation flow. It’s rly up to the app how they expose it, and how much theyre telling the user. I imagine there will be a mix of silent/hidden upgrades, as well as flows that ask for the users to consent to delegate. These delegations (aka authorizations) will likely be sent in with another transaction (eg a swap or a send).
- On etherscan, you will be able to easily see if your wallet is delegated. They’ve done a great job supporting this early!
- Once you’re delegated, you can expect to see benefits like batched txns (which enable 1 click swap!!), gas abstraction, permissioned keys, session keys, etc etc come over time. I don’t expect these to be common day 1, but as app devs start realizing these are tools in their chest, it’ll happen!
- The delegation onchain will cost a small amount of gas, fyi.
- If you’re used to copying your seed phrase to multiple wallets, this is where you may see some issues. Some wallets may decide to redelegate you. Some may decided to revoke your delegation. Some may do nothing and support you as is! Really depends on the wallet.
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