TLDR Crypto · INNOVATION & LAUNCHES

SAFE{CORE} PROTOCOL: SOLVING THE WICKED PROBLEM OF SMART ACCOUNTS

safe.mirror.xyz4 min read

Summary from the TLDR Crypto newsletter

Safe has released a whitepaper about its Safe{Core} Protocol, aimed at transitioning on-chain accounts to smart accounts. The protocol addresses several issues, such as fragmentation, vendor lock-in, and security. The Safe{Core} Protocol represents a unified standard that can support a smoother transition to smart accounts, reduce smart contract risks, ensure account portability, and maintain interoperability. This comes amid growing concerns about externally owned accounts, which are struggling with user experience problems.