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Update 2024-08-17-state-of-wallets.mdx (#176)
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freddmannen authored Oct 4, 2024
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Expand Up @@ -16,7 +16,9 @@ Wallets are the gateway to Web3, serving as essential portals for users to send

The wallet ecosystem is diverse, with providers offering varied products and services through different mechanisms. As wallet providers strive for sustainability and diversification, their operational models are evolving, creating new dynamics between users, applications, and the underlying blockchain infrastructure.

Our report aims to illuminate the current state of wallets on Ethereum, building upon the research conducted by [orderflow.art](http://orderflow.art). However, identifying wallets through on-chain transaction tracking presents several challenges:
Our report aims to illuminate the current state of wallets on Ethereum, building upon the research conducted by [orderflow.art](http://orderflow.art).
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However, identifying wallets through on-chain transaction tracking presents several challenges:

1. Incomplete identification due to unknown routers or signature addresses.
2. Difficulty in identifying multiple wallet addresses associated with centralized exchanges.
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