At DuneCon 2024, Kofi, a renowned Dune Wizard and one of the world’s leading on-chain analysts, shared a comprehensive analysis of the current state and future of smart account adoption in Web3. This deep dive into smart accounts (also known as smart contract wallets) provided key insights into their potential to transform the blockchain ecosystem.

Key learnings from the talk:

• Smart Accounts vs. EOAs: Why externally owned accounts (EOAs) are becoming outdated and how smart accounts offer superior functionality, security, and user experience.
• Real-world onboarding scenarios: Comparing the challenges of traditional wallets with the streamlined process enabled by smart accounts.
• ERC-4337 and the rise of standards: How ERC-4337 is revolutionizing wallet infrastructure, with millions of smart accounts already created and growing adoption among leading apps.
• Challenges with adoption metrics: Unpacking misleading charts and spam activity to reveal the true usage of smart accounts, using advanced filtering techniques.
• Future innovations: Exploring new authentication methods like passkeys and the potential for EOAs to transition into smart accounts with emerging standards like ERC-3077.

Kofi also delved into strategies for separating meaningful metrics from noise, identifying spam, bots, and sybil attacks to extract actionable insights. This session was a masterclass in data-driven analysis, offering practical frameworks for both analysts and developers working to advance the blockchain ecosystem.

👉 Watch now to uncover the truth about smart account adoption, learn how to analyze on-chain data effectively, and stay ahead of the trends shaping Web3. Don’t forget to subscribe for more cutting-edge insights from DuneCon 2024! 🚀

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