New Optimism wallet lets users receive crypto via Twitter login
2 min read
A new wallet that has launched on Optimism (OP) allows users to generate an address without storing seed words, and the account can be saved using an ordinary Twitter login. Called “Beam wallet” the application runs in a browser window and requires no downloads, according to a July 27 announcement from its developer. It also allows users to send transactions on Optimism without owning Ether (
To make this possible, the wallet broadcasts two separate transactions. The first transaction is the one the user requested, whereas the second transaction is a pledge to pay a third-party “paymaster” account if the paymaster agrees to pay gas on the user’s behalf. In the above example using USDC, the paymaster will pay $0.50 or less worth of ETH on behalf of the user and the user will simultaneously pay $0.50 of USDC to the paymaster. Bromberg told Cointelegraph that paymasters cannot take more fees than the user authorized since the fee amount is embedded in the signature used to authorize the transaction.
According to Bromberg, using paymasters has only become possible since account abstraction was implemented in March, which allowed user-controlled wallet accounts to contain executable code for the first time.
Beam will also release for Coinbase’s Base network when it officially launches in August. Once Base has officially launched, user balances on Base and Optimism will be added together and shown as one total within the Beam app, Bromberg stated. When a customer initiates a transaction, the Base and Optimism parts of the transaction will be broadcast simultaneously on each network, making it seem to the user as if they are interacting on a single network.
Because of this feature, Bromberg referred to Beam as a “Superchain” wallet, implying that it will interact seamlessly across the OP Stack ecosystem.
Bromberg believes Beam would reduce lousy user experiences with crypto wallets and allow ordinary people to adopt the technology:
“We’ve abstracted away chains, addresses, fees, all of it, to make it so that normal people can use it. I’ve been in crypto for ten years now, and this is the first non-custodial product that my parents have ever been able to use, and I have tried many times before, and this did it. So we’re excited about it.”
Beam isn’t the only wallet app that aims to simplify crypto onboarding. Kresus wallet, launched on May 11, allows users to sign up with just an email address. On May 8, Worldcoin launched a wallet that allows gas-free transactions for any users that prove their humanness through its protocol.
