📐 Technical Principles | Account Abstraction
· What it is: The Pectra upgrade in May 2025 introduced EIP-7702, allowing existing externally owned accounts to delegate code execution to a contract.
· How it works: With a smart contract wallet, losing the private key on one device doesn’t necessarily mean losing all your assets; you can regain control according to rules set in advance.
· Caution: When your wallet asks you to delegate your account to a contract, be sure to verify the contract address and its source. Always reject requests from unfamiliar websites.
$ETH 2374.27（-5.3%）
#ETH
· What it is: The Pectra upgrade in May 2025 introduced EIP-7702, allowing existing externally owned accounts to delegate code execution to a contract.
· How it works: With a smart contract wallet, losing the private key on one device doesn’t necessarily mean losing all your assets; you can regain control according to rules set in advance.
· Caution: When your wallet asks you to delegate your account to a contract, be sure to verify the contract address and its source. Always reject requests from unfamiliar websites.
$ETH 2374.27（-5.3%）
#ETH