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nexus

ERC-4337 is the keystone of a promising Web2-Web3 integration that allows both onboarding and effective “payment solutions”; to build a comprehensive “PAYMENT INFRASTRUCTURE” we concentrate specifically on exploiting and expanding the potential of the “paymaster contract”

nexus

Created At

LFGHO

Project Description

it is increasingly clear that related industries perceive ERC-4337 as the keystone of a possible and promising Web2-Web3 integration, under the supervision of the EntryPoint (EP) contract which is the core contract in ERC-4337 and orchestrates the whole transaction flow of UserOperation by interacting with peripheral contracts (SCW contract, SCW Factory contract, Paymaster contract) the big picture offered by ERC-4337 can be schematized in a one liner as follows user(s) [SCW] >> bundler >> ENTRY CONTRACT>> … >> payment contract >> target accounts …………LHS…………………. …………RHS…………… we consider that the LHS of this “equation” has been satisfactorily addressed in several ways but think that the RHS which is spinning around “paymaster contract” and offers perhaps limitless opportunities, still calls for more work to be done therefore, as we are primarily interested in targeting the payment “problem” and beyond, we chose to focus on the (RHS) of the equation current mainstream interest is, however, in paymaster contract’s potential in mitigating gas fee complexities (cf., for example, Visa’s ambitions : “we are exploring whether a user can pay transaction fees with alternative tokens, such as a dollar stablecoin or, in the future, even a Central Bank Digital Currency”) our effort is more about “expanding” payment contract’s functionality in a direction that constitutes a platform which would offer a comprehensive answer to most if not all requirements of a solid e-business infrastructure starting with the payment “problem” (maybe with an eye toward an EIP that governs such a platform by exploring how to extend ERC-4337); after all, ERC-4337 ensures zero consensus-layer protocol changes, thus, long term stability of the infrastructure

How it's Made

it is increasingly clear that related industries perceive ERC-4337 as the keystone of a possible and promising Web2-Web3 integration, under the supervision of the EntryPoint (EP) contract which is the core contract in ERC-4337 and orchestrates the whole transaction flow of UserOperation by interacting with peripheral contracts (SCW contract, SCW Factory contract, Paymaster contract) the big picture offered by ERC-4337 can be schematized in a one liner as follows user(s) [SCW] >> bundler >> ENTRY CONTRACT>> … >> payment contract >> target accounts …………LHS…………………. …………RHS…………… we consider that the LHS of this “equation” has been satisfactorily addressed in several ways but think that the RHS which is spinning around “paymaster contract” and offers perhaps limitless opportunities, still calls for more work to be done therefore, as we are primarily interested in targeting the payment “problem” and beyond, we chose to focus on the (RHS) of the equation current mainstream interest is, however, in paymaster contract’s potential in mitigating gas fee complexities (cf., for example, Visa’s ambitions : “we are exploring whether a user can pay transaction fees with alternative tokens, such as a dollar stablecoin or, in the future, even a Central Bank Digital Currency”) our effort is more about “expanding” payment contract’s functionality in a direction that constitutes a platform which would offer a comprehensive answer to most if not all requirements of a solid e-business infrastructure starting with the payment “problem” (maybe with an eye toward an EIP that governs such a platform by exploring how to extend ERC-4337); after all, ERC-4337 ensures zero consensus-layer protocol changes, thus, long term stability of the infrastructure

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