AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Importance of Account Abstraction in Ethereum
Account instruction is an effort to abstract all this mess and give you an account that is blockable, that can actually get action. So luckily enough, we have smart contracts. You can make a smart contract wallet where you can actually your wallet is a smart contract. If you want to build an ability, you need an account to pay for the gas. And if you want to have brevity, then you don't have a ability. It is the situation. But essentially speaking, smart contracts also are limited. They cannot pay for their own gas, which is funny. Smart contracts have needed an account topay for their gas. This is how Ethereum started and this is how it operates until