Ethereum’s EIP-7702 is drawing fresh scrutiny because it sits at the center of questions around a $6.4B Binance hack. The proposal matters for $ETH users because it changes what an ordinary wallet can do.

EIP-7702 lets regular Ethereum wallets run smart contract code. That is a major shift: a wallet is no longer only a key holder for sending assets, but can also execute programmed actions.

The upgrade is described as enabling batched and sponsored transactions. In simple terms, it opens the door to wallet behavior that was previously associated with smart-contract accounts.

What remains unconfirmed is the precise role EIP-7702 played in the $6.4B Binance hack. The core proposal itself is about wallet capability, and the link to the hack is the key claim people are watching.

For traders and users, the debate is bigger than one feature. It is about how much power ordinary wallets should gain, and how those new powers are secured.

Tap $ETH to trade.

Tap $ETH to trade

$ETH $LINK

غيرك سبقك وتابع. ادخل بروفايلي وخلك مع اللي يقرأ قبل ما ينتشر الخبر.