‘Account abstraction’ supercharges Ethereum wallets: Dummies guide – Cointelegraph Magazine

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Account abstraction is a way to appeal to the next billion users 🌐⚡️ Ethereum

As an added bonus, smart accounts mean the game developer could decide to become the “paymaster” and cover the cost of the transaction fees to encourage use.

You can already do this from bank accounts of course, or via a custodial wallet, but both require trusting a centralized service.is because it has two types of accounts: user accounts and smart contract accounts. “Basically, saying ‘Okay, so I am buying a subscription for a service,’ and then the wallet will start sending money directly matching the subscription for a given period of time,” he says.

 

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CryptKeeperBTC VitalikButerin Still pushing the decentralized FUD 🙄

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