Ads by Eonads
coinpedia
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 …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.