Safe, A company known for its popular crypto wallets, launched a platform named Safe {Core}, for developers. Safe {Core} offers a set of tools to create apps providing a seamless experience for users to manage their cryptocurrencies.
Safe's developer stack for crypto wallets rolled out with a spotlight feature known as 'Account Abstraction', which converts regular Ethereum accounts into smarter ones. This helps people to interact with their crypto easily and even recover access to the lost keys.
Taking this feature into priority Safe {Core} allows developers to create apps giving users a more familiar and user-friendly experience. Safe is collaborating with Stripe, Gelato, and Web3Auth to make this transition flow smoother.
“Account Abstraction makes it so that they don't have to worry about your account on Web3 anymore, With Core, we are putting a modular stack in the hands of developers to grasp this massive opportunity, we have partnered with the best in the business to improve UX capabilities for on-ramping, relaying, and authentication as part of Safe Core kits,” said Richard Meissner, the co-founder of Safe.
Additionally, the developer stack for crypto wallets works, when it comes to things like converting regular money into cryptocurrencies, handling transaction fees, and making sure users are who they say they are. This Account Abstraction thing is causing quite a wave in the Ethereum world because it is seen as a big improvement for users and a way to cut down the risk of losing all your crypto.
Even big companies like Visa are observed as considering using it for automatic crypto payments. Safe's announcement follows their recent steps to make this technology for Coinbase's Base platform, allowing developers to start building apps that use smart contract wallets.
Account Abstraction means users can worry less about the technical side of managing their crypto accounts on the internet, which is a big relief for many people.
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