Ethereum Developers Target Ease of Crypto Wallets With 'EIP-3074' [Yahoo! Finance]
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Source: Yahoo! Finance
Ethereum developers have been moving along with their discussions and inclusions of certain Ethereum Improvement Proposals (EIPs) for the blockchain's next big hard fork, Pectra One of the proposals that has drawn both support and concern from the Ethereum community is EIP-3074, a code change that is supposed to improve the user experience with wallets on the blockchain. Ethereum developers have tackled issues in the past that would make the user experience with wallets easier, and have deployed features that unlocked newer capabilities. But now, developers are pushing to make the experience even easier, and enshrined in the blockchain. This new change is supposed to allow a specific type of wallet, externally owned accounts (EOAs), to be more programmable, by allowing smart contracts to authorize them. Paradigm Chief Technology Officer Georgios Konstatonopolous said on X that EIP-3074 “is a big deal. Wallet UX will 10x.” Currently on Ethereum, there are two types of wallet
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