Etherspot < > Neon

Recorded: Feb. 27, 2023 Duration: 0:55:49

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Hey guys, thank you for joining us today. We're joined here by Eat the Spot. There are a multi-chain SDK wallet and the Neon
team. Let's start off with quick introductions, surety, Alden, could you guys introduce yourselves and a bit about your history where you came from, how did you get into Web 3?
Sure, thanks. Hi guys, I am Shuddi from India and I've been in Vectory space since three years. I've been working with different projects as a developer and as a dev realm.
I've worked with love different projects and love different roles including NFTs, CPI and Chorkins and now I'm working with Neon Labs as a DevRel and it really
So Neon EVN is a viable solution for anyone who would like to scale Ethereum DApps on Zona Blockchains. So it allows you to leverage the advantages of both chains.
Thank you.
just come from, which is like custom support and custom success. So that makes me uniquely positioned to talk about the pain points in our space, in particular. Yeah, I'm looking forward to talking about it, spot a cut of abstraction and everything regarding that.
Awesome. Thank you for your introductions. Just a quick intro for myself. My name is Z. I do socials here at neon and I'm going to be your host today. Okay, so now that we have intros out of the way, can you please tell us about ethos for like like when send it's like a multi chain wallet but like
How is it different from traditional web 3 wallet? What are these like what are the advantages like? Yeah, sure so basically traditional wallets which we could like the call key based wallets are externally on the counts which comes along with a monomic phrase and seed phrases that you
which are kind of like every time you use Metamask, you know the experience of that is. And the main difference is with ETA Sport, which is a small contract based wallet, is that you're actually using a small contract to control your assets. So think of it as a multi-sick that you own, obviously you can share access to it as well, but it comes with a couple of
advantages. A small contract is a bit more powerful than your normal wallet. So you could execute multiple transactions into one transaction, for example, which we call multi-call. You can use a stable coin to pay for your fees, for example. And you can use a bit
more security advanced oriented aspects like daily spending limits or recovery options that are coming onboard with that. So it's a more like a wallet that functions as a supercharged wallet and gives a better user experience that your traditional wallet.
coming from the Metamass world or anyone coming from that particular aspect, you know, those actions that you're doing, like take, for example, liquidity forming where you are buying two separate tokens, then having to approve those tokens, then adding that those tokens is a liquidity position into
inside unisplopple, whichever decks you're using, and then eventually adding them in a farm where you're staking them and earning yield. We're talking about nine different transactions, six different actions. All of this can be abstracted away with one click action if you're using a smoke contract-based wallet. And that's the main difference between the two.
Wow, so it's quite different. You basically cut down the execution, like the number of actual steps required to complete

FAQ on Etherspot < > Neon | Twitter Space Recording

What is the purpose of the Neon Labs platform?
The purpose of the Neon Labs platform is to provide a viable solution for scaling Ethereum dApps on Zona blockchains.
Who are the guests on the podcast?
The guests on the podcast are Eat the Spot and the Neon team.
What is Eat the Spot?
Eat the Spot is a multi-chain SDK wallet.
What are the advantages of using a small contract-based wallet like Eat the Spot?
The advantages of using a small contract-based wallet like Eat the Spot include executing multiple transactions in one transaction, using a stable coin to pay for fees, and using advanced security features like spending limits and recovery options.
What is the main difference between traditional wallets and small contract-based wallets?
The main difference between traditional wallets and small contract-based wallets is that small contract-based wallets use a small contract to control assets, offering more advanced features and a better user experience.
What is the experience of using Metamask like?
The experience of using Metamask involves using mnemonic or seed phrases and multiple steps to complete actions like liquidity forming.
How many actions are required to complete liquidity forming with traditional wallets like Metamask?
Nine different transactions and six different actions are required to complete liquidity forming with traditional wallets like Metamask.
What is the benefit of using a small contract-based wallet for liquidity forming?
Using a small contract-based wallet for liquidity forming can abstract away all of the multiple actions and transactions required with traditional wallets, allowing for one-click actions.
What is the role of Alden on the Neon team?
Alden is a customer support and customer success specialist on the Neon team.
How long has Shuddi been in the blockchain space?
Shuddi has been in the blockchain space for three years.