3074 vs 4337 with Matt Garnett, Gregory Markou, and Joseph Delong

Dec 3, 2023

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Today's episode is a roundtable discussion about EIP-3074: AUTH and AUTHCALL and EIP-4337: Account Abstraction Using Alt Mempool, two very different approaches to enabling smart contract accounts.

To discuss the past, present, and future of 3074 and 4337, I'm joined by Matt Garnett, aka lightclients, developer contributor working on Go Ethereum, Gregory Markou, aka @gregthegreek, CTO at ChainSafe, and Joseph Delong, CTO at Astaria and former CTO at Sushi.

It was fantastic getting these three talented and opinionated developers to the table to discuss the social and technical processes it takes to improve the EVM. My thanks to Pedro Gomes for helping bring this episode together. I hope you enjoy the show.

Links

Hosted by @nnnnicholas
gregthegreek, ChainSafe
@lightclients, Go Ethereum
@josephdelong, Astaria
EIP-2938
EIP-3074
EIP-4337 and Eth Magicians
On Abstractions - Vitalik Buterin
Getting rid of WETH using 3074 by axic
EIP-1153
EIP-2535 Diamonds
EIP-5492
EIP-7212
Shadow owners of Gnosis Safes
lightclient's history of AA Link Tree
Is the secp256r1 curve compromised? Podcast

Chapters (00:00:00) Intro (00:01:42) Interview start: Matt Garnett, Joseph Delong, and Greg Markou introduce themselves (00:06:57) How EIP-2938 led to EIP-3074 (00:10:05) What EIP-3074 proposes: AUTH and AUTHCALL (00:13:50) How 3074 improves ERC-20 approvals (00:18:20) Why has 3074 not been adopted? (00:20:04) What ERC-4337 proposes (00:22:30) 3074 and 4337 are not comparable (00:23:50) Design philosophies: 3074 vs 4337 (00:28:30) 3074 makes every account a smart contract account (00:31:45) 3074 + 4337 (00:35:50) Enshrinement (00:41:40) NEAR’s native Account Abstraction (00:43:50) 4337: Enables centralized operators
(00:45:45) Is secp256r1 compromised? (00:51:23) Are Optimistic rollups legit? (01:01:00) 3074 can get rid of WETH (01:02:30) Recovery with 3074 (01:04:00) 3074 does not solve key rotation (01:05:00) 3074 vs 4337: State bloat (01:10:30) 3074 vs 4337: Nonces (01:13:05) Nested execution (01:14:45) Can 3074 and 4337 be compatible (01:16:00) Diamond Pattern vs Safe style (01:18:40) 3074 rallying cry (01:20:45) Outro