🚀 Great news for Ethereum users! Account Abstraction will facilitate user interaction with the blockchain. How to? Let's see! 😄
- Account Abstraction allows developers to program additional security and/or better user experiences.
- Several ways that can be done: Upgrade EOAs (EIP-3074), Upgrade smart contract (EIP-2938), Add a parallel transaction system (EIP-4337).
Benefits of Account Abstraction:
- Multi-signature
- Sponsored transactions
- Account recovery
- Classification of transactions
Consensys launched a Web3 initiative called Builder Nights to support this innovation. This event will discuss Account Abstraction, Layer 2, EIP-4337, infrastructure, and others.
Builder Nights will be held in Southeast Asia, with the next event on September 13 in Singapore. 🌏
Come on, discuss further in the comments column! What do you think about Account Abstraction and how will it affect the blockchain industry? 💬