The concept of smart wallets and passkeys has revolutionized the way users interact with digital assets. Coinbase's introduction of a smart wallet that supports EIP-5792 marks a significant advancement in user experience and functionality. This innovative solution enables seamless transactions across various blockchain applications without requiring multiple wallets.

Key features include instant wallet creation, simplified on-chain interactions, and robust security measures. The absence of complex seed phrases and the use of passkeys enhance the overall security environment. Moreover, the smart wallet's support for EIP-5792 ensures a more streamlined experience when interacting with dApps.

For users, this means effortless management of their cryptocurrencies without the need to navigate multiple wallets or transfer funds. The introduction of cloud-synced passkeys also provides enhanced security and convenience.

Source: https://dev.to/irenejpopova/introduction-to-smart-wallets-and-passkeys-authentication-1o76