Crypto Infrastructure & Wallet provider safe is launching Safe{Core}, an an open-source stack for developers that enables Account Abstraction, cryptauxmargaux reports
turns Ethereum accounts into smart contract accounts, allowing users to have a more user-friendly crypto experience and enabling social recovery .
The release of Safe{Core} will allow developers to build web3 apps with Account Abstraction in a web2-level user experience, Safe said. As part of the release of Safe{Core}, Safe is teaming up with payment processing giant Stripe, and web3 infrastructure firms Gelato and Web3Auth, to help enhance “fiat on-ramping,” “transactions fees,” and “authentication,” according to their press release.
Account Abstraction has made a lot of noise recently in the Ethereum ecosystem. It is seen as a major upgrade that can improve user experience, and make it harder to lose access to one’s crypto holdings.
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