# Arbitrum Proposal To Adopt RIP-7212 

> RIP-7212 lowers the costs associated with passkey-based wallets.

**Published by:** [ETH Daily](https://ethdaily.io/)
**Published on:** 2024-04-19
**Categories:** news, 2024, april2024
**URL:** https://ethdaily.io/447

## Content

Quick TakeArbitrum proposes to adopt RIP-7212.Ethpandaops releases a testnet tool.EtherFi supports native restaking on L2s.Degen Chain emerges as top chain by TPS.LISTEN NOW Collect NFT This episode is sponsored by Harpie!Harpie is an onchain security solution that protects your wallet from theft in realtime. Harpie helps you detect and block suspicious transactions before they execute, safeguarding your assets from malicious attacks and scams. Try Harpie for free at harpie.io/ethdaily.Arbitrum Proposal To Adopt RIP-7212Arbitrum published a proposal to adopt Rollup Improvement Proposal (RIP) 7212, a new standard for secure and cost-effective signature verifications using the secp256r1 elliptic curve. The standard aims to improve account abstraction by significantly lowering the costs associated with signature verification. The implementation of RIP-7212 lowers the costs associated with passkey-based wallets, which leverage technologies like biometrics and WebAuthn to provide a more user-friendly experience. Polygon PoS was the first network to implement the standard. An initial Snapshot vote will go live to enable RIP-7212 on the Arbitrum Sepolia testnet.Assertoor Ethereum Testnet ToolEthpandaops introduced Assertoor, a specialized tool designed for testing conditions and functionalities on Ethereum testnets. The tool connects to Ethereum clients using public HTTP RPC APIs and manages complex test sequences through YAML-defined playbooks. Assertoor integrates with Kurtosis, which facilitates the creation of local Ethereum networks in a controlled environment. Assertoor pinpoints issues across different Ethereum client implementations and can be used for both periodic testing of client updates and continuous testing on public Ethereum testnets. Ethpandaops is an Ethereum DevOps team that provides tools and resources like performance monitoring for testing protocol upgrades.EtherFi Native Restaking On L2sEtherFi, the leading liquid restaking protocol with $3.5 billion in total value locked, now supports native restaking on L2 networks. Users can directly mint EtherFi's weETH LRT on Blast and Mode Network, with planned support for Linea, Optimism, and Base in the coming weeks. Users on Mode network are advised to migrate from the canonically bridged weETH to the natively bridged weETH. The canonical bridged version of weETH on Arbitrum is also set to be phased out in June. The integration leverages LayerZero’s Omni-chain Fungible Token (OFT) standard, which enables the transfer of weETH across various blockchains that are supported by LayerZero.Degen Chain Hits 37 TPSDegen Chain, an L3 chain designed for the DEGEN community token, has emerged as the top Ethereum-based chain by transactions per second (TPS) over the last 24 hours, recording an average of 37 TPS. Base follows in second with an average TPS of 30. Built on the Arbitrum Orbit tech stack, Degen Chain settles transactions on Base and utilizes AnyTrust for data availability. Since its launch in late March, the chain has amassed just over $5 million in TVL.Other NewsMagic Eden to launch on BaseCoW Swap suffers outageSuperstate reaches $100m AUMBoost affiliate protocol rewardsACDC #132 recapETHGlobal Sydney on May 3rdFollow us on X, Lens, and Farcaster.

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