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DC Posch and Nalin Bhardwaj, Founders of Daimo
Nov 2, 2023
DC Posch and Nalin Bhardwaj, founders of Daimo, discuss their new p256Verifier contract, EIP-7212, and propose progressive precompiles to optimize blockchain transactions. They explore WebAuthn cryptography, gas optimization, and enhancements in security with account abstraction and secure enclaves. The podcast delves into iCloud Keychain security, elliptic curve signatures, and developing a stablecoin-centric wallet for easy access to stablecoins in regions with high inflation.
01:07:24
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Quick takeaways
- Comparison between P256 Verifier contract and FreshCryptoLib implementation highlights gas optimization in on-chain verification.
- Introduction of DIMO as a stablecoin-focused iOS wallet emphasizes account abstraction and rollups for improved user experience.
Deep dives
Importance of P256 Verifier Contract in Ethereum
The podcast discusses the significance of the new P256 Verifier contract implemented audited solidity P256 R1 Verification in Ethereum. It compares this contract with the Fresh Crypto Live implementation and explores the benefits of on-chain P256 verification while considering the limitations of pre-computation. Discussion covers EIP7212 co-authored by D.C. and Nalen, along with DIMO's proposal for progressive pre-compiles, known as pre-compile shadowing, enabling pre-compiles to replace the P256 Verifier on adopted chains.
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