What can account abstraction (ERC-4337) do?
ERC-4337 enables account abstraction without changing Ethereum’s consensus rules. Its core contract, EntryPoint, was deployed to the Ethereum mainnet in March 2023.
Smart contract wallets can customize verification rules, such as multi-signature authorization, social recovery, daily transfer limits, and batch transactions.
The most important thing to remember when managing funds: whenever a wallet asks you to delegate your account to a contract, always verify the contract address and its source. Reject requests from unfamiliar websites.
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