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Onchain Economics

Account Abstraction(AA)

A design pattern that makes smart contract wallets first-class citizens, enabling programmable accounts with enhanced features.

In-Depth Explanation

Traditional Ethereum accounts (EOAs) have limited functionality—just a private key that signs transactions. Account abstraction (ERC-4337) enables smart contract wallets with features like: social recovery, spending limits, gas sponsorship, batched transactions, and session keys. AA improves UX and security but adds complexity and gas costs.

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