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- EIP-3074 Explained ✨
EIP-3074 Explained ✨
How the latest Ethereum proposal will transform web3 wallets, when it will go live, and what it means for onchain adoption.
Last week, EIP-3074 was approved to go live on Ethereum.
This is one of the biggest Ethereum proposals in years — transforming web3 wallets and making them simpler, cheaper, & more powerful.
TLDR: EIP-3074 gives smart contract capabilities to externally owned accounts (EOAs). EOAs are the wallets most of us use today — like MetaMask or Coinbase Wallet.
These smart contract capabilities include gasless transactions, wallet asset recovery, batch transactions, & more.
But wait, doesn’t account abstraction already do that?
Yes, smart accounts have those features & onboard users to web3 more easily — but they have some UX issues too, such as:
Needing ETH to interact with web3 apps
Signing transactions for every onchain action
No wallet recovery if you lose your keys
So how does EIP-3074 work? What does it mean for users? And when will it go live? Learn about all of the above (& more) in our full breakdown:
🚀 LAUNCH: Grow your ecosystem with thirdweb for Chains
Introducing thirdweb for Chains — launch a production-ready L2 (or L3) & bring developers to your ecosystem from day 1, with:
Full-stack web3 development tools
Infra for account abstraction, payments, & RPCs
Priority support & resources from our team
thirdweb has already powered millions of transactions & brought hundreds of thousands of users to web3, across EVM chains. Grow your chain’s ecosystem:
🖼️ Guide: Create an NFT Minting Farcaster Frame
We launched a Farcaster Frame that enabled users to mint NFTs directly from a post — and created a guide for you to do the same:
Deploy an NFT smart contract in a few clicks
Drop it into a Farcaster Frame
Allow users to mint NFTs from the frame, on any EVM chain
Build your own NFT Minting Frame on Farcaster — in under 10 minutes:
🚢 thirdweb Changelog: Weekly Product Updates
Here are some of the updates we’ve made in the past few weeks:
We’re constantly shipping product updates to make thirdweb better. Get the latest updates in our Changelog.
Have a great rest of your week shippin’! 🚢 🛠️
And if you’re ever looking for 43,000+ other builders to learn from & share your web3 journey with, look no further than our Discord community 🤝