Abstract Accounts#
- The group consisting of Alex Jupiter, Julianis, Lucas Store, and Nico Rebecca discussed the concept of abstract accounts.
- Lucas Store pointed out that separating logic from protocols is the key to abstract accounts, which also makes web functions more secure and user-friendly.
- Julianis stated that abstract accounts mean being able to program key functions of accounts, such as authentication, authorization, replay protection, and transaction execution.
- Nico Rebecca mentioned that abstract accounts help improve user experience, so from the user's perspective, the term abstract accounts can be intimidating.
- Motilavi expressed that abstract accounts provide developers with more design space.
- Alex Jupiter noted that abstract accounts encompass aspects such as signatures, authorization, replay protection, and transaction execution.
- Overall, abstract accounts are a hot topic that contributes to improving the program performance, security, and user experience of accounts.
Bravos Contract Wallet#
- Bravos is an intelligent contract wallet based on StarkNet.
- The user experience is too complex, so many people tend to use centralized solutions.
- StarkNet offers low gas fees and gas speed, which can enhance security levels.
- Bravos has built a security layer in terms of security, which is referred to as the "security password model."
- The basic level is the seed password signer, which is commonly known as twelve or twenty-four words.
- Next is the protected signer, which utilizes the trusted execution environment of the user's mobile phone to provide two-factor authentication.
- On top of this, more complex custom verifications can be performed, along with executing complex logic.
Token & Fee Mechanism Design#
- Game theory is an important part of algorithmic game theory, specifically dealing with incentive mechanisms in computer systems.
- Each block on the blockchain can be constructed by a leader, and users can place transactions in it, for which they must pay.
- Payments can be of two types: consuming tokens or creating new tokens.
- Mechanism design is a mathematical theory that studies how to design economic transactions to achieve desired economic goals, even when participants exhibit strategic behavior.
- We won't discuss how to choose leaders or look at transaction content; we only consider the space transactions require in the block and then sell it.
- Ultimately, mechanism design can help us design a decentralized system that achieves the desired outcome even when each participant acts with strategic goals.
- The focus of this presentation is how to design incentive mechanisms for tokens and transaction fees.
Argent Wallet#
- Argent, founded by Itamar Lesuisse, aims to abstract the complexity of all blockchains for technical users.
- StarkNet and the first library, GetStarkNet, provide possibilities for separating smart wallets.
- Development in the tech field has already seen half a million installations of the Arjun X Chrome extension.
- Through multi-layered backends, browsers, various features, and components, Argent can provide a highly refined wallet experience.
- On the other hand, the network supports NFT contract deployment, marketplace scenarios, fund integrity, and data security.
- Since its inception, the Argent team has firmly believed that open-source can accelerate the formation of the ecosystem.
- This also demonstrates the immense power and vitality of the StarkNet ecosystem in the professional website domain.