A naukri.com initiative
Dev
1M
242
Image Credit: Dev
Devcon 2024 Highlights, Smart Contract Revolution, Yoav Weiss on AA Future and AA Developer Survey
- Devcon 2024 took place in Bangkok from November 12 to 15 and presented groundbreaking advancements in diverse sectors.
- Researcher Justin Drake proposed the “Beam Chain” aiming for faster block times and quantum security, though deployment is expected post-2029.
- Ethereum launched the “Mekong” testnet, a precursor to the Pectra upgrade which includes user-friendly account abstraction and improved staking mechanisms.
- During Devcon 2024, Yoav Weiss gave a speech titled “Exploring the Future of Account Abstraction,” tracing its origins and discussing ERC-4337’s pivotal role.
- Weiss also explored EIP-7701, proposing native account abstraction at Layer 1 to enable improved censorship resistance and trustless cross-chain bridging.
- Safe co-founder Lukas Schor predicted that EIP-7702 could mark the tipping point for mass adoption of smart accounts, addressing a long-standing hurdle in Ethereum’s abstraction journey.
- EIP-7702 aims to allow users to upgrade existing externally owned accounts (EOAs) into smart accounts without changing their structure, making the transition seamless for current wallet users.
- Etherspot conducted a developer survey during the AA Community Hub at Devcon and extended the opportunity to participate in their AA Developer Survey to the broader Web3 community.
- This initiative aims to gather insights into the challenges developers face when implementing AA, ensuring Etherspot's tools and infrastructure meet the needs of the ecosystem.
- By participating, respondents will receive a detailed report based on the collected responses and a one-month free subscription to Etherspot’s Developer Plan for AA infrastructure.
Read Full Article
14 Likes
For uninterrupted reading, download the app