🆔Account abstraction

Here we will deep dive how we can make access the power of web3 without noticing and without compromises.

Demystifying EIP-4337 and Account Abstraction: Innovation at the heart of HashGuard

In the ever-changing digital world, technological advances are constantly reshaping the way we interact with data and systems. Among the latest exciting developments, EIP-4337 and Account Abstraction stand out for their potential to open up new perspectives in decentralized storage and Web3 technology. This article will guide you through these concepts in a simple and accessible way, while explaining how HashGuard integrates these innovations to make decentralized storage easier for everyone.

Understanding EIP-4337: A Crucial Advance

EIP-4337, or Ethereum Improvement Proposal 4337, represents a major breakthrough in the Ethereum ecosystem. In essence, it introduces a new form of transaction called "logical transactions". These logical transactions enable the separation of contract interactions and signature, paving the way for more flexible and complex functionalities. This innovation simplifies interactions with smart contracts and brings greater modularity to interactions in the Ethereum ecosystem.

Account Abstraction: A Revolution in Web3 Technology

Account Abstraction is a technical development that simplifies and streamlines interactions on the blockchain. In concrete terms, it dissociates the Ethereum account address from the signing key. As a result, users no longer need to manage private keys directly to carry out transactions. This abstraction enhances security while simplifying the user experience, paving the way for wider adoption of Web3 technology.

HashGuard and Web3 Accessibility

At HashGuard, we're driven by the conviction that Web3 technology should be accessible to everyone, without complex barriers. That's why we've chosen to integrate EIP-4337 and Account Abstraction into our solution for democratizing decentralized storage. Using these innovations, we offer a simplified user experience where users don't need to worry about complex technical details. With HashGuard, you can enjoy the benefits of decentralized storage and Web3 technology without having to become a blockchain expert.

HashGuard: A Superior Decentralized Storage Solution

The combination of EIP-4337 and Account Abstraction gives HashGuard a distinct advantage in decentralized storage. Our solution stands out for its ease of use and enhanced security. Unlike other options, HashGuard allows users to benefit from Web3 technology without worrying about complex technical details. Our unique approach facilitates the decentralized storage experience, while offering robust security thanks to Account Abstraction.

Using EIP-4337 and Account Abstraction, we simplify the decentralized storage experience for everyone, removing technical barriers while preserving data security and confidentiality. We believe in a future where everyone can take full advantage of Web3 technology, and we're proud to contribute to this reality with HashGuard.

Bundler

Here we will talk about the thing that changed everything in the Ethereum's and other EVM blockchain's ecosystems: the user operations and bundler.

User operations are like a common user transaction, but gas less and with a bunch of other variables to make everything work. They will go on a different mempool than transactions, waiting to be picked by a bundler

So the bundler is the tool that take waiting user op and transform them into real transactions, opening up the world of Account abstraction. This is the foundation of new gas less methods and the revolutionary wallet recovery functionalities.

Wallet creation:

Wallet creation on the fly

We think the most used wallet creation will be using an email and a password to derivate a wallet from it. We will also step by step adding third party connection like google and apple.

Hardware wallet

In our phone Dapp we will be using biometrics to create your wallet and send transaction with it. We can now say that web3 is at your fingerprints, or even with apple's face ID.

Gas less

The gas is the payment the user have to make to the blockchain's node (the ones that make everything work) to incentive them to apply your transaction. It is paid by the token of the blockchain (Bitcoin, Eth for Ethereum, etc...) so it can be really volatile sometimes.

Here in Hashguard we take to heart that user should not need to pay the gas, and we have tu support it to the user to create a seamless experience. No need to fear not having any tokens on your wallet or even a rise of gas fees.

So how are we able to do that ?

Paymaster

It allow user to pay with any tokens, or to let a third party to pay for you. We only are using the second functionality. We will always let you choose if you want to pay for your own, because you have the right to make everything on your own in our Dapp.

Subscription

As we accept to to pay the gas fees for the user, we need to make subscriptions. We will create a way for users to pay monthly or annually, with fiat currency as well as crypto currency with transaction automation. Yes, it even fits for web3 user that prefer to pay a fixed price instead of being suggest to variation of fees.

Wallet recovery

Multifactor Authentication

You will get access to new way to authenticate yourself and verify with much more security than a password: SMS validation, external authenticators like google auth, etc...