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

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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