Garrett on Warpcast

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Garrett pfp

Smart Wallets only serve people who have never used crypto They don't serve 99% of people who have been onchain before and are active onchain daily or weekly If we want Smart Wallets to get adopted then we should make them work for the people that are actually active onchain

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Jason pfp

So far smart wallet just == passkeys signer but they're so much more They unlock a whole world of use cases for people already onchain including: DCAing, subscriptions, zkEmail recovery, key rotation / native multisigs, automated defi strategies, and more 🔜

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McBain pfp

wrong the people onchain today are a blip all that matters is new people finding value onchain

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jesse.base.eth 🔵 pfp

jesse.base.eth 🔵

we're going to do that too! every day it's getting better. takes time, but we'll get there :)

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czar pfp

I don’t think we want smart wallets to get adopted. We want people to find something valuable to do onchain. Smart wallets is just a tool. If we find something valuable to do onchain ,smart wallets will help onboard the non crypto people. But we gotta find something valuable to do.

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zoo pfp

semi agree but there is value in starting over. weve gotten used to everything we do onchain being transparent but SWs will allow aa and zk use cases. noobs will want private txs and most of us prob will too

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Matthew Fox 🌐 pfp

Matthew Fox 🌐

my pet peeve with cbsw is how often sites opt to prioritize it over my actual wallet big turn off for using cbw for me

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Timur Badretdinov pfp

Timur Badretdinov

eip7702 (eip7702.io) and account migration solves this, but it will take a while for now improving the life of new users is a huge win nevertheless

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KP (d/acc) pfp

My impression- Smart wallets - smart phones Trad wallets - desktops Most people don't need desktops for shopping, emailing, social messaging etc smart phones can do that. Same I think smart wallets are gonna be enough for new users but not for ones who are deep into the ecosystem.

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Matthew pfp

I think smart wallets are very important for getting someone started or close to starting to use crypto quickly and without worrying about a seedphrase or private key. It is well understood that many avoid crypto because of securing keys. Crypto natives will know to use multisigs or something more secure.

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jacopo pfp

in its current form, agreed. but they’ll converge eventually, it’s a matter of time

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iSpeakNerd 🧙‍♂️ pfp

iSpeakNerd 🧙‍♂️

@ispeaknerd.eth

Ever widening gulf bw ppl who are used to (and want to continue using) self-custody and the "kill seed phrases" crowd Suspect self-custody will become the chain power users a là algo exploiters on social

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Coop pfp

@coopahtroopa.eth

Very based take

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kugusha 🦋 pfp

I’m actually here with you. Apart from a very narrow set of use cases I prefer to use my “public” wallet. No chance I’m sending funds between wallets just to try an app that is gated to smart wallets

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Ivo pfp

this is absolutely spot on atm Most of the teams are trying to target an audience of newbies that is (1) not growing fast and (2) mostly on CEXes IMO there are a few SA benefits for degens: - gas abstraction, cause you can jump on new chains without having to bridge/get natives - transaction batching, which can also reduce erc20 approvals to a minimum we're building the first smart wallet for degens (ambire.com), an extension that supports EOAs and SAs in one place, and derives SAs directly from your hardware wallet, without recovery, but with the other SA benefits There's also key rotation, but IMHO it's a bit overrated and not even degens find it intuitive/easy

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fuecoco.base.eth pfp

fuecoco.base.eth

In order to not lose history, the next move is building out your wallets together and can bring them together wherever you go. Zapper is way ahead on this with farcaster integrations: https://zapper.xyz/farcaster/21024

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Vincent pfp

99.9% of people are not on chain Designing only for degens is a good way to ensure we never reach that other 99.9% And in any case if smart wallets can achieve web 2 UX, its not like those who are onchain don't know how to use email/password or whatever

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YuriNondual pfp

Somewhat related convo happened here few weeks back https://x.com/insider0x/status/1819572539548643542

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