On August 14, the Arbitrum development team Offchain Labs announced the acquisition of the account abstraction technology company ZeroDev. Since its establishment in 2022, ZeroDev has been continuously advancing the implementation of account abstraction on Ethereum, supporting the ERC-4337 and EIP-7702 standards, and jointly proposing the modular smart account standard ERC-7579. In this article, @Web3Caff_Res will break it down for you and provide a quick overview.
Very excited to announce that @OffchainLabs has just acquired @zerodev_app.
Working with @decentrek and his team over the past couple of months has been incredible, and now allows Offchain Labs to evolve from a chain level infrastructure provider to a full stack development platform with the addition of ZeroDev's smart account technology.
Our goal of solving crypto's hardest problems began back in 2017 with L2 scaling, extended into L1 development with the addition of @prylabs in 2022, and has quickly evolved to building out a team that is capable of tackling complex challenges anywhere in the stack.
While there are many good solutions focusing on "solving interop," the truth is that without chain abstraction and a unified approach to onboarding end users, the experience will always feel subpar.
We're dedicated to creating the best-in-class development experience for anyone looking to build onchain whether you want neutral public block space (Arbitrum One) or opinionated block space (Arbitrum Orbit).
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