Blockchain Wallet: A New Gateway to the Web3 World

Blockchain Wallet is the key entry point for users to enter the Web3 world. It not only serves the function of asset management but also acts as a carrier of user identity.

The main functions of the Wallet include:

• Create Blockchain Account
• Manage blockchain assets
• Explore Blockchain Ecosystem
• Conduct cryptocurrency trading
• Provide financial instruments and services

Compared to traditional payment tools, blockchain wallets have characteristics such as decentralization, strong anonymity, and assets truly belonging to the user.

The development of Wallets has gone through stages from rudimentary computer clients to smartphone apps, and then to a phase supporting smart contract operations. Currently, cross-chain functionality has become one of the important factors for users when choosing a wallet.

However, the widespread adoption of Wallets still faces challenges in private key management. Loss or theft of private keys can lead to permanent loss of assets, which poses too high a risk for ordinary users. To address this issue, smart contract wallets have become a mainstream solution.

A smart contract wallet is a special type of contract account that does not have a private key, only an address. It can implement advanced features such as multi-signature, but creating it requires an initial cost.

The development of account abstraction technologies, such as proposals like ERC-4337 and EIP-3074, is expected to further improve the user experience of Wallets. These technologies allow for customized transaction validation logic, enabling innovative features like social recovery and intent-based transactions.

In the future, blockchain wallets are expected to become the core of the Web3 ecosystem, integrating various DApps and realizing multiple functions such as payment, social, and entertainment, truly becoming the "super application" of the Web3 world.