Ayush Ranjan

Account Abstraction — A UX Solution. Introduced through the Ethereum improvement proposal 4337 (EIP-4337), account abstraction is an Ethereum update that treats user accounts (externally owned accounts or EOAs) and smart contracts the same way. That means smart contracts can now function as standalone web3 wallets without the need for an EOA to trigger or approve transactions. Use Cases of Account Abstraction: Multi-signature transactions — A transaction would only execute from a multi-sig wallet when a...

Flash Loans ! Want to become a millionaire without giving up anything?🤑🤑 Well, that’s what flash loans are for. ⚡ ⚡ They let users borrow assets without any upfront collateral! The catch? The loan must be repaid within the same blockchain transaction. 😀 🤔 How Do Flash Loans Work ?? Flash loans are a type of uncollateralized loan, meaning you don’t need to put down collateral to borrow. As long as you repay the loan within the same transaction, you’re good to go! If not, the entire transaction revert...

All you need to know about Starknet Foundation's most talked-about v0.13.2 'Bolt' update 🔥 ... Necessary Meme ✨ v0.13.2 introduces two features: ❄ Parallel execution : 1) It expands network capacity by enabling the sequencer to execute multiple transactions that are independent of one another simultaneously. 2) Starknet is the first L2 on mainnet to simultaneously execute parallel transactions. 🌟 Example of Independent transactions: Transaction A: Bob sends ETH to Alice. Transaction B: Sebastian sends ...