EIP-7702 Brings Smart Contract Features to Regular Ethereum Wallets
EIP-7702 Brings Smart Contract Features to Regular Ethereum Wallets
🔥 Smart Wallets Without Smart Contracts
Ethereum's upcoming Pectra upgrade in May 2025 introduces EIP-7702, enabling regular wallets (EOAs) to use smart contract features through transaction type 0x04.
Key benefits include:
- Third-party gas fee sponsorship
- Batch transactions with 30% cost savings
- Enhanced security via multi-sig and session keys
The upgrade also includes:
- Double blob capacity (3 to 6 per slot)
- Faster staking deposit processing
- Streamlined consensus-execution bridge
Note: Implementation requires developer coordination and security audits.
EIP-7702 Overview: Introduces transaction type 0x04, allowing EOAs to temporarily use smart contract code! Key Benefits: • Sponsored Transactions: Third parties can cover gas fees, enabling ETH-free user interactions. • Batch Transactions: Combines multiple actions into
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