I'm a product designer and developer for Web3. I'm one of the creators of the [Community of Creators](https://arthentic.co). *AI Assisted*
Nikhil DesignsHow to Buy into an NFT Community Collection
Tldr;The BasicsTwitter, Discord, WebsiteBlockchainMultiple NFT MarketplacesRoadmapWhitepaperTokenomicsFloor PriceCurrent ValueValuation of the CollectionGrowth PotentialCommunity EngagementFoundersSelf DoxedInvolvedMembersMinimal PoliticsWelcomingInvolvedFoundational Stuff Before we start analyzing spreadsheets and constructing graphs, there are a few preliminary checks to consider. Does the project have a good brand that appeals to you? Do you like the technology the project uses? Do you bel...
Nikhil DesignsHow Autoplay Ruined Our Attention Span
We might be in trouble. Autoplay features on websites and social media platforms are making it increasingly difficult for young people to maintain their attention span. Autoplay automatically plays videos and other forms of media as soon as a user opens a page or scrolls past the content, which can be highly distracting and disrupt the user's ability to focus.This app probably didn't help our situation...Research has shown that the human brain is not well-suited to multitasking, and...
Nikhil DesignsHow Web3 Can Save Your Recording Studio
Web3, also known as the decentralized web, is a new generation of the internet that utilizes blockchain technology to enable more secure and decentralized communication and transactions. While it is still in its early stages of development, Web3 has the potential to revolutionize many industries, including the music industry. Here's how Web3 can save your recording studio:Improved royalty distribution: One of the biggest challenges faced by recording studios is the issue of royalty distr...
Nikhil DesignsHow to Buy into an NFT Community Collection
Tldr;The BasicsTwitter, Discord, WebsiteBlockchainMultiple NFT MarketplacesRoadmapWhitepaperTokenomicsFloor PriceCurrent ValueValuation of the CollectionGrowth PotentialCommunity EngagementFoundersSelf DoxedInvolvedMembersMinimal PoliticsWelcomingInvolvedFoundational Stuff Before we start analyzing spreadsheets and constructing graphs, there are a few preliminary checks to consider. Does the project have a good brand that appeals to you? Do you like the technology the project uses? Do you bel...
Nikhil DesignsHow Autoplay Ruined Our Attention Span
We might be in trouble. Autoplay features on websites and social media platforms are making it increasingly difficult for young people to maintain their attention span. Autoplay automatically plays videos and other forms of media as soon as a user opens a page or scrolls past the content, which can be highly distracting and disrupt the user's ability to focus.This app probably didn't help our situation...Research has shown that the human brain is not well-suited to multitasking, and...
Nikhil DesignsHow Web3 Can Save Your Recording Studio
Web3, also known as the decentralized web, is a new generation of the internet that utilizes blockchain technology to enable more secure and decentralized communication and transactions. While it is still in its early stages of development, Web3 has the potential to revolutionize many industries, including the music industry. Here's how Web3 can save your recording studio:Improved royalty distribution: One of the biggest challenges faced by recording studios is the issue of royalty distr...
I'm a product designer and developer for Web3. I'm one of the creators of the [Community of Creators](https://arthentic.co). *AI Assisted*
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Hi you early adopters, I have fantastic news about the future of Ethereum! There’s a new Ethereum Improvement Proposal(EIP-4337) that’s going to make it much easier to onboard new users to web3. You’re probably wondering, how can this help me, someone who already uses DApps(Decentralized Apps) and crypto?
Currently, the majority of technical resources are dedicated to onboarding developers and investors into web3. While this is extremely important for any socially built technology, we also have a serious problem onboarding non-technical users. EIP-4337 is trying to fix this with something called Account Abstraction.
Take a look at these two user flows. The first one is web2 and the second is web3.
As you can see, there are a lot more to using a web3 app than web2. The user has to download a separate app (wallets) and know how to use it properly or they’ll end up wasting money on unnecessary transactions/fees.
Awesome, so if we want to add new users to the space, we’ll need to incentivize them more than their web2 counterpart… right? Nah, let’s just make using web3 easier.
Account Abstraction is exactly what it sounds like, the DApp has a custodial wallet that’s managed by the user account. Without boring you with the technical details, current custodial wallets are severely limited, and EIP-4337 aims to change that. This will change the user flow to the following:
Notice that the user’s assets are “locked” inside the DApp’s Wallet, instead of being freely available on the User’s External Wallet. The user has to pay a gas fee to transfer the assets from the internal to the external wallet, but otherwise the system looks much cleaner!
Please not, this EIP is not released and is subject to change as it develops. If you want to learn more about EIP-4337, please check the official documentation.
Also follow me on twitter @nikhildesigns_ for more web3 explainers!
Hi you early adopters, I have fantastic news about the future of Ethereum! There’s a new Ethereum Improvement Proposal(EIP-4337) that’s going to make it much easier to onboard new users to web3. You’re probably wondering, how can this help me, someone who already uses DApps(Decentralized Apps) and crypto?
Currently, the majority of technical resources are dedicated to onboarding developers and investors into web3. While this is extremely important for any socially built technology, we also have a serious problem onboarding non-technical users. EIP-4337 is trying to fix this with something called Account Abstraction.
Take a look at these two user flows. The first one is web2 and the second is web3.
As you can see, there are a lot more to using a web3 app than web2. The user has to download a separate app (wallets) and know how to use it properly or they’ll end up wasting money on unnecessary transactions/fees.
Awesome, so if we want to add new users to the space, we’ll need to incentivize them more than their web2 counterpart… right? Nah, let’s just make using web3 easier.
Account Abstraction is exactly what it sounds like, the DApp has a custodial wallet that’s managed by the user account. Without boring you with the technical details, current custodial wallets are severely limited, and EIP-4337 aims to change that. This will change the user flow to the following:
Notice that the user’s assets are “locked” inside the DApp’s Wallet, instead of being freely available on the User’s External Wallet. The user has to pay a gas fee to transfer the assets from the internal to the external wallet, but otherwise the system looks much cleaner!
Please not, this EIP is not released and is subject to change as it develops. If you want to learn more about EIP-4337, please check the official documentation.
Also follow me on twitter @nikhildesigns_ for more web3 explainers!
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