What are you going to build?:
JiffyScan is the first (and only) block explorer built for the EIP-4337 ecosystem, enabling account abstraction for EVM chains. It shows the transactions as per the new entities introduced: userOp, Bundle, Bundler, Entrypoint, factory, paymaster, etc. This is helpful for all the participants of the ecosystem: Developers can test out their applications in an easier fashion, for users to easily confirm their transactions, and for researchers to get a holistic view of different participating entities.
You can also check out the Product Requirement Document 6 for the next iteration (by May’23)
Why is what you are going to build going to succeed?:
First Mover’s Advantage: We are the first and only block explorer for the standard and its new entities. We have a POC live and are working on revamping the UI to integrate with wallets.
Presence in EIP-4337: We are actively engaged with all the EIP-4337 related communities, including different wallets, and infrastructure providers, and are being guided by the Eth-Infitism team (creators of the standard).
Team: The team has been building products in the web3 ecosystem since Oct’21 (>1.5 years). In this span, we have won multiple hackathons on Ethglobal, gitcoin, devfolio, and a few independent ones. Our previous projects made us ETHIndia grantees. We’ve also got accepted early on in fellowships by polygon and Solana. One of us is also a Kernel BA3 member. Our previous venture was also backed by consensys mesh and protocol labs (through the Tachyon accelerator). Prior to working in web3, our team has expertise in building large-scale data systems at Amazon and Zeta (a banking-tech startup now a unicorn).
Low incentive for others to build: Block Explorers are not easy to monetize products and mainly rely on each chain/community supporting the explorer. Because of this, we expect low competition from new players entering the space