Bitcoin

Keynote 3 Goes Viral with $209.5M Raised, Surpassing Immutable & Stack in the Web3 Domain

Crypto must be straightforward to engage the next billion users. BlockDAG is preparing to launch an account abstraction upgrade to address the biggest hurdle in crypto usability: wallet complexity. With this upgrade, users won’t need to memorize complex seed phrases or face the risk of losing their funds permanently. BlockDAG is introducing smart wallet capabilities such as social media logins, seamless wallet recovery, and customizable access controls. This means users can sign up with their Google or Apple IDs, easily recover their wallets if access is lost, and set specific permissions for different applications or individuals within the same wallet.

This functionality is essential for widespread adoption. Consider the typical user who is neither a developer nor a security expert. They seek quick, secure, and easy access to their assets, and BlockDAG delivers just that. By detaching account management from inflexible on-chain rules, BlockDAG is merging familiar Web2 functionalities with its robust Web3 framework.

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