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From public chain virtualization to Web3 operating system

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Create a common platform to connect technologies between different blockchains

Original Title: "Web3 Interactive Portal: From Metamask to Operating System"

Original Source: R3PO

Ecology of Internet Operating System Enlightenment

It took 36 years for Web2 to reach 1 billion users. How long will it take for Web3 to realize this process? In the process, Web3 needs to attract more and more mainstream users, so it is more important than ever to provide secure and reliable solutions with a good user experience.

In the early Internet era, both users and developers encountered a lack of unified operations in terms of compatibility The problem of the system has led to the dilemma of scarce users and increased development difficulty for developers. In the post-mobile Internet era, the rise of the Android operating system has created a scene with a good user experience. Users can easily access application information, and at the same time provide App developers with A unified ecological environment has been established, allowing users to enjoy rich services and content, realizing a positive feedback closed loop between users, developers and Android, and enabling the healthy development of the Android ecosystem.

However, some problems in the development of Web3.0 are similar to those of Web2.0, such as ecological incompatibility , application developers need to develop different versions for different systems, and users need to open different accounts in different chains for cross-chain assets. Then, just like the development of Web2.0, when will the operating system in the Web3 era come, and what kind of drastic changes will it bring to all participants?

Web3 Interaction Entry: From Metamask to Operating System

Reviewing the development history of the current Web3 portal wallet, we find that each generation of wallet evolution is developing in a more convenient and smarter direction.

The first generation of wallets, such as MetaMask, popularized basic functions, such as click to connect and approve; Second-generation wallets, like Phantom, took a leap forward in UI/UX and added the ability to view users' NFTs in the wallet, fueling millions of NFT gold diggers in a bull market. The author believes that the mainstream portal tool for Web3 users in the future will not only be a wallet, but an operating system that can aggregate multiple chains, which can effectively reduce the interaction threshold for users on the chain and introduce large-scale users.

2023 technology trend: based on account abstraction The public chain abstraction

Currently The launched ERC-4337 (Account Abstraction) technology is already the hottest topic at this Ethereum Denver conference. AA is a wallet technology solution to be implemented on Ethereum. Vitalik proposed it 9 years ago. The related concepts of account abstraction have been proposed, and its ultimate vision is to make the AA multi-chain aggregation operation protocol combine the characteristics of the two account types of EOA externally owned accounts and CA contract accounts, so that they can be combined into one instead of EOA to exist as the main account. In addition to the programmability of CA, it can also get rid of the dependence of EOA and actively initiate transactions. Therefore, account abstraction will allow users to easily authorize accounts without knowing the esoteric blockchain language or complicated contract processing. At the same time, account abstraction also ensures the security of users' accounts.

Compared to other wallet abstraction techniques application, dappOS further realizes the abstraction of the public chain, and realizes the encapsulation and bonding of fragmented multi-chains through the auxiliary network, so that users can obtain an interactive experience close to CEX. For example, in the latest GMX, it can be seen that the balance in dApp is the sum of users in the entire dappOS system. Although it may actually be distributed on different chains, like CEX, users do not need to pay attention to these details. This balance can be in any one One-click use in dApps that support dappOS, and all operations behind it will be automatically completed by dappOS. Account abstraction may become an indispensable key theme in the cryptocurrency world in 2023, and Dappos' aggregated multi-chain operating system is at the forefront in this direction.

DappOS: Web3 operating system that virtualizes the public chain

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Recently, the author discovered that dappOS, as a member of the fifth phase of Binance Incubator, focuses on allowing Dapp to have a smooth Web2 experience, and is committed to virtualizing the public chain as an operating system for aggregating multiple chains in Web3.0. The project It is intended to elevate the "smart contract wallet" to the "operating system".

Improve the interactive experience of C-end users on the chain

1. Unified account: provide users with a unified application for all public chains through the abstract public chain The account of the dApp, the account balance can be used in any application that supports dappOS with one click.

2. Automatic payment: The complex interaction with the public chain behind the unified account payment is automatically completed by dappOS, and users do not need to pay attention to details.

3. The dappOS Account virtual wallet can be reset if the mnemonic is forgotten.

4. Using a virtual wallet can facilitate users to log in to DappOS with one click, avoiding the trouble caused by mnemonics.

5. The virtual wallet is scalable, which can solve the problem of using a wallet that requires Gas first.

dappOS In order to reduce Barriers to cryptographic infrastructure interaction, developing an intermediate layer between users and cryptographic infrastructure. Users only need to interact with dappOS, and dappOS will relay user instructions to the encryption infrastructure and automate the workflow. Developers can also easily apply dappOS.

Under the background that most users are unwilling to register new public chain wallets or frequently cross-chain assets, dappOS captures the In order to have a better operating experience, successfully realize the "mesh call" that can vertically+horizontally+cycle the logic of task processing between the protocol layer, infrastructure layer, and application layer, so as to make full use of the reliability between different layers Composition, releasing more user-oriented functions based on complex logic.

The outbreak of L2 and LSD boosted the exponential growth of head protocol users

As the market matures, more skilled DeFi Web3 users will increasingly use derivatives such as options, Financial derivatives are an indispensable financial instrument in a mature market, and the transaction volume far exceeds other types. The DeFi outlook released by BNB Chain mentioned that it is clearly optimistic about the growth of transaction volume in the derivatives market, which also represents the development of the derivatives industry. Participating in the project will have more opportunities for advancement.

of the main Perpetuals protocol User Evolution (Source: Dune @shogun)

Recently, the transaction volume of GMX, GNS and other protocols has continued to grow, and the number of teams and users who are concerned about this track is also increasing. However, it has to be admitted that the use of derivatives protocols on the chain itself has certain complexity and professional thresholds, which can simplify the use of derivatives for users The protocol's operating scheme will help dApp users grow exponentially.

And the cooperation between dappOS and GMX and Perpetuals has brought expectations into reality. The GMX platform preview product integrated with dappOS SDK has been officially launched, allowing users to seamlessly use GMX functions directly from the BSC wallet.

It can be seen that the layout of dappOS is very diverse dappOS also provides a front-end SDK to reduce the interaction cost with the public chain. DApp developers can develop other application services based on the dappOS service system.

Current progress and cooperation

The layout of dappOS focuses on the pain points of the current industry. At present, dappOS has reached cooperation with derivatives and many leading projects on the LSD track to jointly discuss reducing user thresholds, Solutions that enhance user experience.

In order to better understand the relationship between dappOS and The role played by other projects in cooperation and empowerment, we take Perpetual as an example to compare the difference between users before and after use:

Solve the challenge of fluidity fragmentation in multi-chain operations and release dapp's billion-level breakthrough potential

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For DApps deployed on a single chain, get Users of other public chains become difficult. Perpetual, a DApp with multi-chain deployment requirements, wants to acquire more incremental users. After completing the multi-chain deployment, it must spend a considerable amount of cost to improve liquidity and maintain operations on each chain. There are more advantages in free integration, without the restriction of the public chain ecology, and it is more friendly to developers. And at the level of user operation, it is more convenient and user-friendly under the premise of ensuring safety. In terms of security, dappOS takes a security deposit approach. If there is a certain problem in the transaction, it can ensure that the user is effectively compensated.

In order to encourage users to experience multi-chain integration technology, dappOS has in-depth cooperation with GMX, BENQI, MakerDAO, AVAX, KyberSwap, zkSync and other projects. Currently, the GMX platform that integrates dappOS SDK is previewed version of the product has been officially launched, allowing users to seamlessly use GMX functions directly from BSC, OP, and Polygon wallets. Users who interact with this version of GMX will receive 20,000 airdrop rewards, and enjoy up to 3 times the pledge income, as well as referral rebates.

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So the author believes that dappOS is superimposed on the interaction with top projects on the popular track and the possible expectation of Binance investment incubation, and the possibility of airdropping interactive users in the future should not be underestimated.

The gap will eventually be bridged, and the future of the next generation Internet operating system can be expected ;

We will eventually cross the chasm, but it will take a long time and require major infrastructure improvements to get there.

Over the next few decades we are bound to experience a generational mindset shift . Self-custody and storage of assets in a decentralized financial system will become the norm, and today almost anyone of any age or level of technical knowledge can pull out a mobile phone, access the Internet and app stores, and communicate with mobile technology, cloud computing, email and Everything else interacts, a process the Internet took 36 years. Likewise, web3 will eventually reach a singularity where anyone will have the ability to directly interact with the blockchain.

But before the Web3 singularity comes, The introduction of the operating system will be a slow process, but there are already innovators among us: the contribution of dappOS to the developer ecosystem on the B-side and the assistance to the C-side users will greatly reduce the number of users entering Therefore, we believe that dappOS still has a lot of growth potential that deserves attention.