EIP-7702: Smart Wallet Adoption Analysis
EIP-7702: Smart Wallet Adoption Analysis
馃攼 Smart Wallets Level Up
EIP-7702 represents a significant development in Ethereum wallet infrastructure, introducing hybrid functionality that bridges traditional EOA and smart contract wallets.
Key aspects:
- Combines security benefits of EOA with programmability of smart wallets
- Enables seamless transition between basic and advanced wallet features
- Improves user experience without compromising security
Ledger's potential support for EIP-7702 could accelerate mainstream adoption of smart wallets while maintaining hardware security standards.
This proposal marks a practical step toward making smart wallets more accessible to everyday users.
What does EIP-7702 mean for smart wallet adoption? Hear it from @decentrek
Transaction Batching Enhances DeFi Security
Several DeFi platforms including Vaults.fyi, JumperExchange, and Lido Finance are implementing transaction batching (EIP-5792) to enhance security and user experience. Key improvements: - Token approvals are bundled with actual transactions - No lingering open approvals after transactions - Fewer clicks required for users - Compatible with hardware wallets The feature works by creating limited token approvals that clear automatically after each transaction. This approach significantly reduces security risks while maintaining functionality. Developers can implement this feature through EIP-5792 support.
Ambire Legends Season 0 Rewards Update
Ambire Legends is approaching its first reward distribution for Season 0 participants. Users can now: - Track their performance weights - Calculate potential reward allocations - View real-time standings The game launched in December 2023 with a 195M $WALLET reward pool, focusing on exploring Smart Account capabilities through gamified interactions. Visit [Ambire Legends](https://legends.ambire.com/) to check your status and prepare for upcoming distributions.
Ambire Wallet CAKE Gas Payment Campaign Concludes
The Ambire Wallet campaign allowing users to pay gas fees with CAKE tokens has concluded. Winners can now check their status on the official blog. Key points: - Campaign enabled gas fee payments using PancakeSwap's CAKE token - Results now available at [Ambire's blog](https://blog.ambire.com/pay-gas-with-cake-and-win/) - Initiative aimed to enhance user experience with flexible gas payment options Check if you're among the winners by visiting the results page.
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The Ethereum community is gathering stories to commemorate the network's upcoming 10th anniversary in 2025. This initiative follows the recent celebration of the 11th anniversary of the Ethereum Whitepaper, marking another significant milestone in the platform's history. - Community members are invited to share their personal Ethereum journeys - Stories will be collected through a dedicated form at [ethereumstory.paperform.co](https://ethereumstory.paperform.co/) Be part of Ethereum's historical record by sharing your story today.