NEOPIN

<p>Hello everyone,</p><p>This is a global CeDeFi platform, NEOPIN.</p><p>Today, we are excited to reveal that ERC-4337, an Ethereum ‘Account Abstraction’ update, will be integrated into the NEOPIN platform.</p><p>Following our recent rebranding to strengthen its CeDeFi platform and effort to leap forward globally, we plan to improve the UX/UI of our wallet and aggressively expand its business in the global market by applying ERC-4337.</p><p>Based on ensuring reliability through regulatory compliance, our strategy is to significantly improve user experience and stability by implementing new features including a multi-signature, social recovery and new signature algorithms.</p><p>In addition, features that lower the barrier to entry for users and strengthen security will be improved, including the setting of transaction limits and usability of native tokens as a network fee.</p><h2 id="header-0"><strong>About ERC-4337</strong></h2><blockquote>ERC-4337 is a technology that was recently announced by the Ethereum Foundation at ETH Denver. This feature is expected to significantly contribute to the mass adoption of the web3 market by reinforcing wallet security and usability, as well as improving private key management — one of the most challenging issues faced by the public.</blockquote><h2 id="header-1"><strong>About Account Abstraction</strong></h2><blockquote>Account Abstraction is the integration of the functions of Ethereum’s “External Ownership Account (EOA)” and “Contract Account (CA)” into a “Smart Contract Wallet”. The most significant improvement for users is Social Recovery which allows users to recover their wallets with the contact details of their family and friends, even if they lose the recovery phrase(mnemonic).Blockchain wallets have been criticized for the inconvenience of users having to manage their recovery phrase by themselves. Compared to the user experience of using IDs and passwords, managing a recovery phrase is much more complicated. Moreover, if users lose their recovery phrases, the recovery process is impossible, which has been identified as a significant obstacle to the mass adoption of blockchain.</blockquote>

[Announcement] NEOPIN embracing the ERC-4337, the evolution of wallet UX

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NEOPIN

发布于 2023年3月16日的其他文章

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[Announcement] NEOPIN embracing the ERC-4337, the evolution of wallet UX

目录

NEOPIN

发布于 2023年3月16日 的其他文章

‘Textbook Perfect’ Bitcoin Price Pattern Sees $BTC Target $100,000, Crypto Analyst Says

Signature Bank Faces Scrutiny Over Money Laundering

Intella X to Showcase ts Web3 Platform and Game in Collaboration with Polygon Labs

Climate Controversy Around NFTs

Protect Your Privacy, Send Crypto Anonymously Without Revealing Your Wallet Address

Biconomy Futures Trading

订阅我们免费的电子期刊，获取每日最新加密领域动态！

发布于 2023年3月16日的其他文章