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What Devs Should Focus On To Onboard 1 Billion People Onchain | Noam Hurwitz @ Alchemy | #201

The Milk Road Show

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The Benefits of Account Abstraction on Ethereum

With smart contract accounts, you're decoupling this private key from your account. You have your account, and that's deployed as a contract on the blockchain. And then you can have any number of keys with any number of rules who are acting as signers on this account. So an example of that is like, I can give my landlord a signer that says you have permission to draft 3000 USDC exactly once per month. Then they can use that to automate meat drafting right for my account. It's kind of abstracting away a lot of what's going on, especially in terms of not needing a seed phrase,. But will the average person also benefit from account abstraction? Like

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