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2024-05-08 09:44:13

Vitalik Buterin’s EIP-7702 Proposal To Fine-tune Account Abstraction On Ethereum

The post Vitalik Buterin’s EIP-7702 Proposal To Fine-tune Account Abstraction On Ethereum appeared first on Coinpedia Fintech News Vitalik Buterin together with co-authors has proposed Ethereum Improvement Proposal (EIP) 7702 as an alternative to EIP-3074 to refine account abstraction on the Ethereum network. The account abstraction will enable wallets to work as smart contracts with features like multi-factor authentication, wallet social recovery, and flexibility to transact. EIP-7702 suggests a new transaction type that …

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