Consensys executive: Account abstraction can bring 1 billion user growth in Asia

ChainCatcher news, ConsenSys executive Laura Shi believes that account abstraction, also known as "smart wallets," can onboard 1 billion users in Asia to Web3. Shi pointed out that with the launch of zkEVM and the large-scale application of Optimistic Rollups, Ethereum and the Web3 ecosystem have seen significant growth in Asia.

The development of account abstraction, which offers greater programmability and more "bank-like" features than ordinary cryptocurrency wallets, will lead to a significant increase in the number of users in the Asia region. (CoinTelegraph)