🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

"Rule your mind or it will rule you" (the Buddha). Apologies for not posting in a while, I have been sitting a Vipassana course. The third already. 10 days of noble silence, living like a monk, eradicating my misery. Now ready to get back to work. Be happy!

Had to rename the EIP to "Account Abstraction Recovery Interface (AARI)". Otherwise it couldn't have been published to the website. New link: ethereum-magicians.org/t/eip-7947-acc…

- Scale L1 - Scale blobs - Improve UX (+ DX) The one little tiny thing we must never forget about is security. Except that, the postulate is perfect.

Cutting expense three times to 5% is massive. Saying that BLS-licensed projects don't qualify is huge. Self sustainability, adherence to open source, quality over quantity, practicing what you preach. That's the EF pivot we all were begging for.

Now imagine this but for account abstraction recovery. Same tech, a completely different paradigm.

The minimal viable reference implementation is ready! Leveraging ERC-4337 SimpleAccount and a RecoveryProvider that verifies the knowledge of some hash preimage via a Groth16 proof (aka password). Can be easily extended to ZKAI. github.com/rarimo/aari-co…

There is so much to learn.

We want to thank our partner Distributed Lab for co-building Confidential Transactions with us. Shoutout to Oleksandr Kurbatov 🇺🇦 for the collab! 🤝

A new 6b conquered!

A seed phrase is a leaky abstraction. A leaky abstraction is a bad UX. A bad UX is no users. It can all be fixed.

Confidential WETH. Stay tuned.

Bitcoin - the store of value. Ethereum - the financial internet. Solana - the memes. Aztec - the privacy. The narratives that can't be shaken.

Repeat after me. UltraGroth. Groth16 + lookup tables. ~1/7 constraints on range checks. Compatible with Groth16 PTAU. Designed for ZKML.

Key recovery today, account abstraction recovery tomorrow. Powered by EIP-7947.