Ah, dear reader, brace yourselves for the marvel that is the Ethereum Pectra upgrade—an upgrade so grand, so noble, that it has us all wondering why we didn’t have this sooner. In fact, the ethereal, heavenly Pectra has ushered in something called Ethereum Improvement Proposal (EIP) 7702, and, oh, how our hearts are filled with joy! Ivo Georgiev, the founder and CEO of Ambire—whose company, by the way, has already jumped on this bandwagon—calls it “the single greatest UX upgrade to Ethereum so far.” My dear, one can only hope this is true!
Now, let us get into the meat of this matter. EIP-7702, in its infinite wisdom, bestows upon us a new capability: turning ordinary accounts into *smart contracts*—just for a little while, of course. So, no need for new addresses or arduous tasks. No, no, it’s all rather simple! Why, it’s like magic, except it isn’t. It’s just smart tech at work, making Ethereum accessible without the typical labyrinthian confusion. Who needs new addresses when you can just use the ones you’ve already got?
And in case you’re wondering, dear friends, it gets even better! Trust Wallet, not to be outdone, has introduced its own wondrous features. Gas fees? Pfft, who needs ‘em! Now, you can pay those pesky fees in tokens such as stablecoins—how delightfully *practical*. And just in case you’re feeling adventurous, these wallets are also programmable, ensuring that you retain self-custody. Hooray! 🙌
Ambire’s Take on the Update
And now, let us hear from the wise sages at Ambire, who have blessed us with their profound wisdom. According to their announcement, which was shared with CryptoMoon (because why not?), the users can now revel in the beauty of a “crosschain by default” architecture. Just imagine, one dashboard to rule them all! All balances, all chains, under one roof. And all that gas fee abstraction—no more fumbling around with tokens that never seem to work. Simply elegant!
But that’s not all, folks. Ambire promises a slew of wonderful features, such as scam application detection (because who doesn’t love a good scam detector?), minimal token approvals (a step toward fewer headaches, I’m sure), and transaction simulations across all supported chains. But wait! Some developers have dared to raise concerns that EIP-7702 might just give a new opening for phishing campaigns to make off with all your riches. Ah, but let’s not fret too much. They assure us that all will be well. We’re certain they’ve thought of everything. Or have they?
“Account programmability enables AI agents to act upon your account in the future to enhance your portfolio yield, save your DeFi positions, claim airdrops automatically and more.”
Now, that sounds like something out of a futuristic tale, does it not? AI agents managing your portfolio? Could this be the dawn of a new era where robots do all the hard work for us? I, for one, welcome our new AI overlords! 😅
Trust Wallet’s New Systems
Not to be outdone by the good folks at Ambire, Trust Wallet has announced their own set of revolutionary features. Why, their CEO, Eowyn Chen (a name that sounds as if it came from the annals of epic literature), claims that EIP-7702 “changes the game.” Well, hold on to your hats, because Trust Wallet is offering the *biggest* upgrade since Ethereum transitioned to proof-of-stake. The biggest, I tell you!
“EIP-7702 changes the game.”
Trust Wallet promises that their users will be able to pay fees with something other than Ether—how novel! And not only that, you can bundle multiple actions in one transaction. Approving, swapping, and signing—what a time to be alive! And if that weren’t enough, they also offer sponsored transactions where third parties cover gas fees to help you onboard new users. What a kind, benevolent world we live in.
Trust Wallet’s philosophy is to evolve wallets into “intelligent, user-friendly agents.” Quite the ambition, no? It’s as if wallets, once humble servants of money, are now ready to become our loyal digital butlers, performing every task with grace and ease. Don’t mind us, Trust Wallet, we’ll just sit back and enjoy the show. 🍿
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2025-05-08 14:43