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Chainlink Launches Payment Abstraction System, Overtime’s Full Account Abstraction UX, Paradigm’s EIP-7702 Demos
- Chainlink has launched its Payment Abstraction system to simplify fee conversion for Chainlink services by allowing users to pay with various tokens converted into LINK.
- The system optimizes costs, liquidity, and rewards for node operators by consolidating multi-chain rewards to a single blockchain.
- Etherspot explains the Ethereum Pectra upgrade, introducing account abstraction, enhanced scalability, and improved performance for decentralized applications.
- Overtime integrates Thales under the unified Overtime brand, introducing full account abstraction to enhance user accessibility in decentralized sports betting.
- The Overtime upgrade simplifies onchain interactions, allowing users to access features without requiring ETH for gas fees.
- OneBalance co-founder discusses chain abstraction logic and user-centric movement in the Deeply Intents podcast, highlighting advancements in cross-chain interactions.
- Paradigm showcases interactive demos for EIP-7702, demonstrating potential use cases like WebAuthn-enabled accounts and sponsored transactions.
- Etherspot offers resources to explore account abstraction and developer-friendly tools such as Skandha, Arka, and TransactionKit for Web3 development.
- Developers are encouraged to check if their dApps are ready for Account Abstraction and engage with Etherspot's community and resources for seamless integration.
- For more information, updates, and links, visit Etherspot's website, Discord, Telegram, Github, and Developer Portal.
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