A place for talking about the Ethereum Virtual Machine on Farcaster.

Smart Contract Wallets do NOT exist! 👀

Some wallets support normal accounts (EOAs)

And some might support smart accounts (SCAs)

Eventually all wallets sill support both account types…

Now the question is where will the future wallets live? 🤔

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

shazow.net

Currently: WhatsABI

How do you define smart accounts?

To me, smart contract wallets are wallets with programmable security and behaviour, such as key/device management. EOA's are one form of keys we widely support today (hopefully more soon).

Usually Smart Contract Wallets are defined as wallets that support Smart Accounts

But technically there is very few differences between wallets that supports normal and smart accounts

How do you define smart contract wallets?

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I agree. It's just really hard to explain the difference to normies. 🙂

TBH it's not really a debate 🤣 it's a fact!

the ol' account vs. wallet nomenclature debate 😅

TokenPocket supports EOA and SCAs (Safe account and 4337 account) accounts. :p 

Indeed... embedded wallets are here to stay

But most unfortunately are still maturing to be viable as main wallet

I think the future will be that wallets can be implemented in everyday-life!

My main point is that Smart Wallet or Smart Contract Wallet is a flawed terminology

Because it fails to explain that it's the Accounts that are Smart but not the Wallet itself

How do you feel about Loopring's smart wallet, and their claim to be a smart contract wallet? Is there something they've done that would "disqualify" from falling under that definition?