ERC-6900 is a proposal that aims to establish a standard for smart contract accounts and account plugins to enable composable logic within smart contract accounts. This standard defines a modular smart contract account capable of supporting all compatible plugins. Customizing validation and execution logic can unlock various new features, such…

ERC-6551 is a proposal that defines a system which enables every ERC-721 token a smart contract account. These token bound accounts allow ERC-721 tokens to own assets and interact with applications, without requiring changes to existing ERC-721 smart contracts or infrastructure. ERC-6551 works by deploying unique, deterministically-addressed smart contract accounts…

ERC-4337 is an account abstraction proposal which avoids consensus-layer protocol change. It introduces a higher-layer pseudo-transaction object called a UserOperation. Account Abstraction aims to solve wallet user experiences and limitations by introducing Smart Contract Accounts (SCA). These SCA allow users to interact with the Ethereum network without managing their own…

Brief Oasys is a multi-layered L1 DPoS blockchain network with a built-in L2 scalability solution, optimized for gaming. It is EVM-compatible and aims to solve the user-friendliness issues by providing fast transactions and eliminating gas fees. It is a Japan/Singapore-based blockchain network developed by people with strong blockchain and gaming…

Disclaimer: The views expressed in this report are provided for general information purposes only and does not constitute as financial advice. Brief Uniswap recently introduced the beta for UniswapX, an innovative trading protocol that aggregates on-chain and off-chain liquidity through a Dutch Order mechanism. According to the whitepaper, UniswapX offers a…

Key Takeaways Japan’s parliament has recently approved a Web3 whitepaper. The whitepaper advised on the need to create a more Web3 friendly environment for businesses. Gaming corporate companies such as SONY and Bandai NAMCO have started to invest into Web3 through incubation programs. Anime IP owners have also started to release NFTs…

Disclaimer: The views expressed in this report are provided for general information purposes only and does not constitute as financial advice. Brief On June 19, 2023, Polygon announced Polygon 2.0, an upcoming network upgrade that aims to establish Polygon as a “Value Layer of the Internet.” It is a set of…

Disclaimer: The views expressed in this report are provided for general information purposes only and does not constitute as financial advice. Introduction DeFi introduces a revolutionary financial framework that utilizes distributed ledger technology to provide services like lending, investing, and exchanging crypto assets, all without the need for centralized intermediaries. Unlike…

Disclaimer: The views expressed in this report are provided for general information purposes only and does not constitute as financial advice. Introduction The summer of 2020, commonly referred to as ‘DeFi Summer,’ marked a significant period for the entire cryptocurrency industry. It was a transformative time that brought about substantial growth…