Ethereum's road map for ERC-4337, past, future
Lately there's a lot of chatter about the road to full account abstraction. I wrote some notes on what we've been building and how it gets us to full AA.In his post, Weiss gives a detailed overview of ERC-4337, what led to its development as well as Ether team’s future plans.The ERC-4337 standard enables smart contract crypto wallets on the Ethereum blockchain, enhancing user experience with decentralized applications .
ERC-4337 introduces a"pseudo-transaction" object called a UserOperation, facilitating transactions on behalf of users and stored in an"alt mempool" until confirmation. This initiative marks a significant step toward improving the usability of Ethereum for dApps and smart contract interactions.
Weiss emphasized the importance of collaboration with L1 core developers, L2 developers, and the broader community to refine RIP-7560 and ensure a successful implementation across both Ethereum L1 and L2. He highlighted the limitations of Ethereum's current end user account model in achieving these goals, underscoring the necessity to transition the entire Ethereum Virtual Machine ecosystem toward smart contract accounts .
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