It's Onchain Island
It's Onchain Island Short note: Ah...I have attached resource links, reference and main repo link, kindly refer that to understand concepts.) Let's continue our story of web3...Ah, with small context! Starting from start. Back in March 2024 , I participated in my very first Web3 hackathon . What started as curiosity about “how blockchain works” quickly turned into a deep dive into wallets, smart contracts, transactions, miners, tokens, and the Ethereum Virtual Machine (EVM) . I also explored Layer 1 vs Layer 2 technologies — and realized why Ethereum’s architecture allows for more scalable, flexible, and maintainable solutions compared to Bitcoin. But the real turning point for me was discovering Account Abstraction (AA) , especially the ERC-4337 standard introduced in 2016 , which is now one of the hottest topics in Web3 development. EOAs vs Smart Contract Accounts Before we talk about AA, let’s understand the two major types of accounts on Ethereum: Externally O...