In this Still Early episode, Grant is joined by Vaibhav Chellani from Socket Protocol to discuss tectonic shifts and developments in the blockchain landscape.
They address challenges like rollup scaling and chain fragmentation, emphasizing the need for seamless user experiences and chain abstraction.
The conversation explores the technical and economic reasons for the rise of L2s and L3s, drawing on VC's experience at Polygon.
Vaibhav introduces Modular Order Flow Auctions (MOFA), which delegate on-chain execution to off-chain agents, optimizing actions based on application needs.
Traditional account abstraction's hurdles are tackled, introducing Magic Spend++, inspired by Coinbase's Magic Spend, to enable seamless, non-custodial, on-chain interactions.