Consumer Crypto

Seeing a lot of debate on smart wallets vs EOAs on the feed recently

The magic of embedded smart wallets is your average web2 account now gets a super powerful crypto wallet without the web3 baggage attached. No seed phrases, no crypto knowledge - just full payment rails handling all the complexity around transactions that the user never even needs to be aware of if they so choose. This is a no brainer for crypto apps that want to attract new users beyond the crypto bubble and overall how consumer crypto wins this cycle.

EIP-7702 is really what crypto natives should be pumped about though - EOAs acting like smart wallets without the liquidity fragmentation. Now your main wallet gets all the smart wallet perks too (session keys, sponsored gas, batch txs) but without the hassle of dealing with dozens of wallets across various apps. Imagine a standard where by default your EOA becomes the smart wallet if you have one.

This is the frictionless UX experience crypto products need for true mainstream adoption

co-founder @survey x /ponder // benadamsky.com

. It simplifies the user experience and attracts new users to crypto apps. Smart wallets and EOAs offer convenience and efficiency for all users