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Safe Launches New Development Stack to Simplify Smart Contract Development

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It is reported that Safe, a self-hosted infrastructure provider, announced the launch of a new development stack Safe Core in cooperation with Stripe, a paymen…

Safe Launches New Development Stack to Simplify Smart Contract Development

It is reported that Safe, a self-hosted infrastructure provider, announced the launch of a new development stack Safe Core in cooperation with Stripe, a payment giant, and Gelato, a decentralized financial agreement. It integrates account abstraction to simplify the development of smart contracts on the Ethereum blockchain. It will also simplify transaction costs and payment processes, and allow fiat on-pumping.

Safe cooperates with Stripe and Gelato to launch the new development stack “Core”

Interpretation of the news:


Safe, a self-hosted infrastructure provider, has partnered with Stripe, a payment giant, and Gelato, a decentralized financial agreement, to launch a new development stack called Safe Core. This new tool is aimed at simplifying the development of smart contracts on the Ethereum blockchain by integrating account abstraction.

With the integration of account abstraction, Safe Core allows developers to easily create and execute smart contracts without the need for gas, simplifying the process of deploying new decentralized applications. Additionally, the new development stack provides a more efficient way to manage transaction costs, thereby reducing the overall cost of creating decentralized applications.

Another significant benefit of Safe Core is the ability to support fiat on-ramps, making it easier for users to acquire Ethereum tokens and other cryptocurrencies. This feature could help to increase adoption of blockchain technology by reducing the barrier to entry for users who may be unfamiliar with current payment processes.

The partnership between Safe, Stripe, and Gelato demonstrates a growing trend of collaboration within the blockchain industry, as companies seek to create more efficient and user-friendly solutions for developers and users alike. This collaboration is a win-win for all parties involved, as it helps to advance the adoption of blockchain technology and provides new opportunities for innovation.

Overall, Safe Core represents a significant milestone in the development of blockchain technology, as it provides a more accessible and user-friendly platform for creating and executing smart contracts. With the integration of fiat on-ramps, this new development stack has the potential to bring blockchain technology to a wider audience and increase adoption across a variety of industries.

In conclusion, the launch of Safe Core underscores the importance of collaboration and innovation within the blockchain industry, as companies seek to address the current limitations and challenges of current blockchain technology. By working together to create more user-friendly and efficient solutions, these companies are helping to pave the way for a more decentralized and secure future.

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