Protocol Insights #10

Account Abstraction, MEV, Cryptoeconomics and Protocol

Jason @0xbbbb_eth

Account Abstraction Developer

MEV Researcher

Core Contributor of Panta Rhei

You can see previous Protocol Insights here.

Account Abstraction

• EIP-5792: Wallet Call API

  

  • Introduction of New RPC Methods: Including wallet_sendCalls, wallet_getCallsStatus, wallet_showCallsStatus, and wallet_getCapabilities.

  • Capability Discovery and Utilization

  • Enhanced Interaction Flows

  • Interoperability with Existing Standards

  • Why EIP-5792 ?

    • Derek Chiang on Twitter / X

      • using AA as a DApp developer sucks (This locks in your DApp with specific AA wallets and infra providers.)

        • Create an embedded AA wallet inside your application.

        • Interact with this wallet through a vendor-specific SDK.

      • Now, DApps can:

        • Discover the "capabilities" of wallets.

        • Use capabilities through standardized APIs.

      • Four capabilities have been standardized so far:

        • Transaction batching (ERC-5792)

        • Gas sponsorship (ERC-7677)

        • "Magic spend" (ERC-7682)

        • Permissions (session keys) (ERC-7715)

    • Sachin | Biconomy.io | sachint.eth on Twitter / X

  • Demo: Shiv Bhonde | shivbhonde.eth 🏰 on Twitter / X

• ERC-7715: Request Permissions from Wallets

  • Add ERC: Request Permissions from Wallets by pedrouid · Pull Request #436 · ethereum/ERCs

  • Why ERC-7715 ?

    • In the context of AA, there are multiple vendor-specific implementations of session keys, which are temporary keys imbued with specific permissions.

    • However, since the implementations are vendor-specific, it’s impossible for DApps to “request” session keys from wallets in a unified way, regardless of the specific wallet implementations.

• ERC-7679: Add ERC: UserOperation Builder by arein · Pull Request #361 · ethereum/ERCs

• KeyStore Rollup (Base)

  • Keyspace is a minimal zero-knowledge rollup that settles on Ethereum. It's minimal in that it doesn't implement a zkEVM like most rollups. Instead, there are a few specific state changes defined by the rollup.

  • Keyspace's internal state is an Indexed Merkle Tree, which allows brand new wallets to easily prove that they've never changed their keys so they aren't in the tree, and recovered wallets to prove the current configuration of their wallet. The root of this Merkle tree is managed by the KeyStore contract on L1, where state transitions are verified by SNARK proofs.

• Embedded fee markets and ERC-4337 (part 1)

• Unveiling the Power of Self-Sovereign Identity and Account Abstraction for Privacy-Preserving User Operations

• ERC-7579 adapter for Safe smart accounts.

  • GitHub - rhinestonewtf/safe7579

• Decoding Modular Smart Accounts

• Everything About Account Abstraction: 21Shares Dives into Ethereum’s Pectra, OneBalance Transforms…

• Everything About Account Abstraction: Vitalik Dives into Ethereum’s Decentralization, SEC Approves…

MEV

• MEV Scanner

• CoW AMM

  • CoW DAO | MEV Blocker & CoW Swap on Twitter / X

  • Balancer on Twitter / X

  • atiselsts.eth on Twitter / X

• The Future of MEV: the Execution Tickets proposal

• Cross chain Batch DEX

  • Frequent Batch Auction on SUAVE

  • Implementing Frequent Batch Auction on SUAVE

• MEV-protected transactions sent via integrated partners are searchable on Etherscan while pending

Protocol

• How do layer 2s really differ from execution sharding?

• The near and mid-term future of improving the Ethereum network's permissionlessness and decentralization

  • PeerDAS -- a simpler DAS approach using battle-tested p2p components

  • Verkle Trees for Statelessness

  • EIP-4444: Bound Historical Data in Execution Clients

• Big blocks, blobs, and reorgs

  • Toni Wahrstätter ⟠ on Twitter / X

• [CBER 2024] Ethereum Consensus: Proof-of-Stake, Staking Incentives and Gasper

• PBS

  • [CBER 2024] Beyond the protocol

  • Advantage of Pipelining Consensus and Execution: Delayed Execution

    • terence.eth on Twitter / X

Developer

• symbolic solidity debugger

• GitHub - SunWeb3Sec/DeFiHackLabs: Reproduce DeFi hacked incidents using Foundry.

• Solidity 0.8.26 lets us `require` with custom errors for the via IR pipeline only

Others

• ENS v2 → L2

  • Lower Gas Costs

  • Enhanced Control and Customization

  • Improved Multi-Chain Interoperability

  • ENSv2: The Next Generation of ENS | ENS Blog

  • ENS v2 Design Doc.pdf

• ERC-7683: Cross Chain Intents

  • An interface for cross chain trade execution systems | ERC-7683 Cross Chain Intents

  • Uniswap Labs 🦄 on Twitter / X

  • ERC7683: The Cross-Chain Intents Standard