The Surge Web3 Stack course is now online - you can start learning immediately. 🚀

Check out the syllabus here and sign up now.

We can’t wait to hear your thoughts once you take the course! This is the first course we’ve created and we’re incredibly proud of the whole team. ❤️

This week in crypto…

Everything you need to know to stay on top in Web3

🎵 Mastercard is into music NFTs

In another win for Polygon, Mastercard announced on Friday that it would use this chain to launch its Artist Accelerator. Mastercard is promising to create a “Web3 collective that connects musicians, creators and fans to collaborate like never before.” Excited to see what they have in store.

💸 SBF’s lawyers looking to get covered

The US Department of Justice is seizing FTX-related assets, among which are Robinhood shares. SBF’s lawyers filed a request to keep the $450M in Robinhood stock as means of payment for SBF’s criminal defense. We might learn more about SBF’s various dealings as the trial starts in October, but until then, check out this timeline of the FTX crash.

🗞️ In other news

👉🏽 Ethereum devs are planning to execute the Shanghai upgrade this spring, thus enabling staked ETH withdrawals.

👉🏽 Chinese researchers make claims they broke encryption (spelling danger for crypto and other industries) using quantum computing - many remain skeptical.

👉🏽 The US government is taking a closer look into Binance.

TLDR: Intro to Account Abstraction

There are two main types of accounts in Ethereum: externally owned accounts (EOAs) and contract accounts.

👉🏽 EOAs are accounts that are controlled by a private key and are owned by a person or entity. EOAs can be used to send transactions and interact with smart contracts on the Ethereum network. Your MetaMask account is an example of an EOA.

👉🏽 Contract accounts are accounts that are created and controlled by smart contracts. They are self-executing contracts with the terms of the agreement between buyer and seller directly written into lines of code. Contract accounts can have their own code and can store data on the Ethereum blockchain. In contrast to EOAs, a contract account can only send a transaction in response to receiving one.

Recently there’s been a lot of talk about account abstraction (AA) - what does that mean and how does it relate to the two types of Ethereum accounts we have now?

Why? Contract accounts allow for a more customizable and user-friendly UX. ⭐️

For example, you could use social recovery instead of seed phrases to control and access your accounts.

There are a couple of wallets that implement account abstraction right now (like Argent), but we predict AA will be used in a major way across Web3 in the coming year. 👀

Stay tuned as we explore more on this topic (we have a surprise in store!) and sign up for the Surge Web3 Stack course to stay ahead and brush up on your tech knowledge. 🧐

Surge updates

🎉Want to get involved? Become a Surge affiliate partner for the Surge Web3 Stack course. You can earn $20 for every person that signs up through your link. Apply here.

📌 Have you read our 2022 recap? It’s been an amazing year for Surge - catch up here.

🗞 Love our newsletter? Join our program for featured newsletter content and share your project with 7k+ of our newsletter subscribers.

See you next week!

​Dusanka​