Max Mironov

Bank holiday in the UK today. We’re still in the @zerion office. Crypto doesn’t need banks… or holidays.

Congrats Dexari team! Awesome UI/UX, single click for everything, reliable transaction execution!

Wait, what? No seed phrases, gas, bridging, or chains for a non-custodial setup? Yes, one-click UX for DeFi is here, powered by OneBalance.

We're excited to announce our $20m Venture Round co-led by @cyberfund and @bcap with participation from @mirana and @l2iterative, bringing our total funding to $25m We're also launching the simplest and most reliable way to get your users onchain with our Toolkit!

How does EIP-7702 affect the wallet landscape? (this isn't tone-deaf, it's just meant as a break from EF discussions 💀) On first look, you might think it's bad news for existing account abstraction wallets. It's actually the best thing that happened to the space, including to existing players: from Ambire's POV, our main blocker to adoption has always been two things 1) aversion to adopt new accounts, strong stickiness of existing accounts 2) dependence on stuff from the EOA model that AA doesn't have: support for all EVM chains, simple familiar security model (trezor/ledger) Fortunately, EIP-7702 helps us solve both of those! As such, I'm expecting it to truly unlock the potential of AA wallets, especially ones that already acknowledge EOA's strengths such as Ambire (we support EOAs and our Smart Accounts copy EOA's core security model). This is all assuming that your target audience is crypto natives. This is another topic in itself, but it cannot be anyone else, as normies don't care and don't have sufficient incentive to care about self-custody yet, except memecoins on Solana. Ok, but what about Metamask and Rabby? Can't they just add EIP-7702 support and kill off dedicated AA wallets. Sure they can, and they will. But AA wallets will have a head start when it comes to AA features (gas abstraction, batching, recovery) that will be hard to catch up. I wouldn't put it past both of them though - as much hate as MM gets, they're one of the best wallet teams in the space. No need to say anything about Rabby, they're the only team that disrupted MM and building crazy quickly. Clearly EIP-7702 is a gift: it unlocks the potential of AA wallets, but also makes it a much more competitive field as it means everyone will be an AA wallet But AA wallets need to stay on top of their game and make sure to engage users ASAP, on a different level than the traditional web3 experience... ⚔️⚔️⚔️