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Account abstraction enhances blockchain usability by integrating smart contract features into wallets, addressing security and user experience challenges. (Read More)
Account abstraction, also known as “smart accounts” could eventually onboard a billion users from the Asia region to Web3, according to an executive at Ethereum software solutions provider ConsenSys. Speaking to Cointelegraph, the director of strategic initiatives at ConsenSys, Laura Shi, noted that the Ethereum and Web3 ecosystem has seen a strong expansion in Asia [...]
The post Account abstraction will drive a billion users from Asia to Web3: ConsenSys exec appeared first on Crypto Breaking News.
A new decentralized layer has been added on top of Ethereum to make smart accounts possible with the introduction of ERC-4337 and account abstraction — but infrastructure providers suggest it may be tricky to participate profitably right now. ERC-4337, commonly called “smart accounts” or “account abstraction” was deployed on the Ethereum mainnet on March 1. [...]
The post Ethereum ERC-4337 ‘bundlers’ — How hard is joining the network? appeared first on Crypto Breaking News.
Arbitrum has officially activated support for the account abstraction endpoint on its One and Nova mainnets, following the successful passage of AIP-2. (Read More)
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