Account abstract proposal EIP-4337 co-founder Kristof Gazso created Web3 infrastructure project Pimlico

On February 23, Kristof Gazso, the co-sponsor of account abstraction proposal EIP-4337, said on Twitter that he had resigned from his position in Nethermind, the Ethereum client, and created the Web3 infrastructure project Pimlico, which will focus on becoming the underlying infrastructure layer supporting Ethereum’s transition to smart contract wallets.

Interpretation of this information:

Kristof Gazso, the co-sponsor of account abstraction proposal EIP-4337, announced on February 23 that he had resigned from his position in Nethermind, the Ethereum client, and created a new project called Pimlico. This new platform will focus on providing an underlying infrastructure layer to support Ethereum’s transition to smart contract wallets.

Account abstraction proposal EIP-4337 aims to reduce the complexity of Ethereum transactions by introducing a new kind of account that can have multiple signers, enabling users to abstract away the complexity of the blockchain by delegating it to the smart contracts. This proposal is widely accepted in the Ethereum community, and its implementation is expected to greatly improve the scalability and security of the Ethereum network.

By creating the Web3 Infrastructure project Pimlico, Gazso hopes to contribute to this initiative by providing an underlying infrastructure layer that will support the implementation of smart contract wallets. This infrastructure will enable developers to build more secure smart contract wallets that are easier to use and manage.

It is clear that Gazso’s new project is well-aligned with the Ethereum community’s long-term goals. Ethereum aims to create a decentralized world computer that can support a wide range of applications and services. The Web3 infrastructure project Pimlico is an important step towards achieving this goal, as it will help to build a secure and reliable infrastructure layer that can support the development and implementation of smart contract wallets.

In conclusion, Kristof Gazso’s decision to leave Nethermind and create a new project called Pimlico is likely to have a significant impact on the Ethereum community. The creation of an underlying infrastructure layer to support the implementation of smart contract wallets is an important step towards improving the scalability, security, and usability of the Ethereum network. This project will pave the way for more developers to build on the Ethereum platform, ultimately contributing to the growth and success of the overall ecosystem.