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Arbitrum · closed proposal

AIP: Support RIP-7212 for Account Abstraction Wallets (ArbOS 30)

0x1B68…eeaD·ended 2y ago·Discussion ↗·MEDIUM RISK
Voters
6,364
ARB voted
147.11M
≈$11.52M
Token price
$0.08

AI summary

This proposal seeks to integrate RIP-7212, a new technical standard, into Arbitrum One and Arbitrum Nova. This standard will enable cheaper verification of a specific type of cryptographic signature (secp256r1 curve) commonly used by passkeys and secure enclaves. The goal is to make account abstraction wallets, which offer enhanced security and user experience through features like biometric authentication, more affordable and practical for everyday use on Arbitrum.

Impact

If passed, this proposal will significantly reduce the cost of using passkey-based wallets on Arbitrum, benefiting users seeking improved security and convenience, and developers building dApps. There are no direct financial allocations or losses to the treasury mentioned in this proposal.

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Voting results

For146.96M (99.9%)
Against52.35K (0.0%)
Abstain103.76K (0.1%)
147.11M ARB · ≈$11.52M · 6364 votersblock 216747929

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Full proposal

Original markdown · Arbitrum

Constitutional Proposal

Abstract

This proposal adopts RIP-7212 (Rollup Improvement Proposal), a precompile for verifying the secp256r1 curve on Arbitrum One and Arbitrum Nova. Other major L2s have committed to adopting RIP-7212. Adding support for this precompile would enable account abstraction wallets to cheaply verify a type of signature widely used in passkeys and secure enclaves.

Motivation

Wallet security is one of the most prominent pain points for cryp…

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