Ethereum Developers Aim to Simplify Crypto Wallet Usage with EIP-3074

　　crypto Ethereum

　　Ethereum Developers Aim to Simplify Crypto Wallet Usage with ‘EIP-3074’

　　Balita ng Ethereum ng Bitcoin

• 　　EIP-3074 aims to enhance Ethereum wallets by enabling smart contract control.

• 　　The proposal has received support for improving wallet UX.

• 　　Despite this, leaders caution against potential vulnerabilities.

　　With blockchain adoption on the rise, Ethereum developers are reviewing several Ethereum Improvement Proposals (EIPs) for the upcoming major update, Pectra. One such consideration is the EIP-3074 due to its potential to enhance the usability of crypto wallets.

　　Unlike those managed by smart contract code, the proposal focuses on externally owned accounts (EOAs), which users control through private keys. EIP-3074 seeks to enhance the programmability of these accounts by enabling smart contract authorization for transactions.

　　Furthermore, this improvement could improve user experience by enabling batching transactions and allowing third parties to cover transaction fees.

　　Paradigm Chief Technology Officer Georgios Konstatonopolous commented on X.

　　Even though Ethereums proposed update, EIP-3074, has garnered significant support for its potential to enhance wallet usability, it has also been met with skepticism within some sections of the Ethereum community.

　　Certain community participants are expressing doubts regarding the security implications of permitting smart contracts to manage transactions for EOAs. In addition, industry leaders have cautioned that the proposal would allow batch transactions.

　　Lukas Schor, the co-founder of Safe, has expressed reservations about the proposal, arguing that the project lacks

　　Itamar Lesuisse, co-founder of Argent Wallet, highlighted EIP-3074s potential security risks on social media. Lesuisse noted that it could permit Idinagdag niya,

　　Mudit Gupta, Chief Information Security Officer at Polygon Labs, also voiced security concerns, suggesting that wallets individually block the use of EIP-3074s features, particularly concerning the MAGIC signatures. Gupta stressed.