Leo Picklesimer 
Ethereum, the world’s second-largest blockchain network, is set to undergo a major upgrade in the near future. The upgrade, known as the Ethereum Shanghai Hard Fork, is scheduled to take place in July 2021 and will bring with it a number of improvements to the network. The most significant change is the implementation of the Ethereum Improvement Proposal (EIP) 4337, which will introduce a new consensus mechanism, called Proof of Stake (PoS).
Proof of Stake is an alternative to the current consensus mechanism, known as Proof of Work (PoW). PoW relies on miners to verify transactions and add new blocks to the blockchain. While this has been effective in the past, it is becoming increasingly expensive and time-consuming to maintain. PoS, on the other hand, utilizes a different system, whereby validators are chosen to verify transactions and add new blocks. This system is much more efficient, as it does not require so much computing power and energy.
The Ethereum Shanghai Hard Fork will also introduce a number of other improvements to the network. These include a new feature, known as sharding, which will allow the network to process more transactions per second. This will help to improve the scalability of the network, as well as reduce transaction fees. Additionally, the upgrade will also reduce the cost of deploying smart contracts, which will make them more accessible to developers.
Finally, the Ethereum Shanghai Hard Fork will also bring with it the activation of EIP 4337. This proposal will introduce a new consensus mechanism, which is known as Proof of Stake. This system will replace the current PoW-based consensus, and will allow for more efficient verification of transactions. This will improve the speed of the network, as well as reduce the cost of deployment for developers.
Overall, the Ethereum Shanghai Hard Fork is a major upgrade for the network, and will bring a number of improvements and optimizations. With the activation of EIP 4337, the network will become more efficient and cost-effective, and will be better positioned to meet the demands of the future.
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CCXD ERC4337 is what Zelcore already has implemented with the only difference they currently do not store your keys in any smart contract but they already simplify the user experience with only user ID, password and Decentralize 2FA static pin, that’s used for the encryption off your keys within Zelcore, if people gets comfortable with Zelcore holding your keys externally all they would need todo is active that option as the feature is technically already their.
Yeah screw techlead. Terrible person. Also don’t forget raoul pal was pushing terra luna and ftx really hard. He’s such a great speaker but you can’t forget what he was pushing for his VC friends.