ERC-4337 isn't dead! The UX is being upgraded with new developments like EIP-7702, which makes it easier to integrate Externally Owned Account (EOAs) and enhances the overall experience for Ethereum users.
Dive into the 🧵 to learn more!
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At its core, EIP-7702 seeks to elevate the UX of traditional wallets by unlocking features typically exclusive to smart contracts. It allows an Externally Owned Account (EOA) to temporarily function as a smart contract for a transaction.
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EIP-7702 introduces a new transaction type with a `contract_code` field, allowing EOAs to temporarily adopt smart contract functionality for specific transactions. This eliminates the need for new opcodes and ensures seamless compatibility with ERC-4337.
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The implementation of EIP-7702 will open doors for features like tx batching (combining multiple tx into one), gas sponsorship (allowing one user to cover gas costs for another), and account privilege de-escalation (setting specific permissions for different types of tx).
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Learn more about EIP-7702 at: eips.ethereum.org/EIPS/eip-7702
Check out the discussion on EIP-7702 and its potential impact at: ethereum-magicians.org/t/eip-7702-set-eoa-account-code-for-one-transaction/19923
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