Ethereum Activates ‘Account Abstraction,’ Touted by Founder Buterin as Key Advance

,” seen as a key enhancement that could make it easier for users to recover crypto if they lose private keys to an online wallet.smart contract called EntryPoint

The Ethereum Foundation, which helps to fund and steward development on the blockchain, is expected to announce the development later Wednesday at the ETHDenver conference at a WalletCon event at 5 p.m. MT, the people with knowledge of the matter said. Once the announcement is made, several infrastructure providers will announce plans to support ERC-4337 through their services.

Account Abstraction is a concept that turns users' wallets into smart contract accounts, in order to make Ethereum wallets more user-friendly and to prevent any loss of crypto keys. With EOA’s, users are given a pair of private and public keys, and anyone can send crypto to an EOA using their public key. On EOA’s, only the owner of their account, the person who has access to their private keys, can initiate transactions.

ethereum cryptauxmargaux

ethereum cryptauxmargaux Do you think the Venomtestnet will result in an airdrop? Venom Venom3 VenomsUpdates venomtestnet

ethereum cryptauxmargaux ALGO light years ahead

ethereum cryptauxmargaux Wen 'Account Abstraction' Abstraction tho?

ethereum cryptauxmargaux VitalikButerin 1. What is the EntryPoint smart contract, and how was it used to deploy the ERC-4337 standard? 2. When will the ERC-4337 standard be fully integrated and available for use on the Ethereum blockchain?

ethereum cryptauxmargaux erm, are you guys in need of a new writer?

ethereum cryptauxmargaux Smart Wallets everywhere ! *(Can we call them Smart Wallets?)

ethereum cryptauxmargaux SCOOP: Vitalik himself mines key block in just the right way to enable Account Abstraction on Ethereum

ethereum cryptauxmargaux Ethereum isn’t run by anyone and can’t just announce anything What kind of crap headline is this

ethereum cryptauxmargaux cant wait for this to get gell mann amnesia'd

ethereum cryptauxmargaux Impressive.

ethereum cryptauxmargaux 👀

ethereum cryptauxmargaux Clickbait Coindesk

ethereum cryptauxmargaux tf is this headline

ethereum cryptauxmargaux SCOOP: ethereum will announce that smart contacts are already live on the blockchain 🤯🤯

ethereum cryptauxmargaux If true, this is gonna be huge!

ethereum cryptauxmargaux BULLISH. Just bought more $ETH

ethereum cryptauxmargaux Wtf does this even mean

ethereum cryptauxmargaux

ethereum cryptauxmargaux 🙌

ethereum cryptauxmargaux Congrats you made gas station networks 👏

ethereum cryptauxmargaux This is a surprise to me

ethereum cryptauxmargaux we abstracting the accounts boys

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