mev-toolkit/MEV_by_chains/MEV_on_Ethereum/account_abstraction
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Update README.md
2023-04-18 20:51:26 -07:00
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README.md Update README.md 2023-04-18 20:51:26 -07:00

ERC-4337: account abstraction


tl; dr


  • "smart contract wallets": account abstraction that would avoid the need for consensus-layer protocol changes by enabling arbitrary logic to determine if an account can move funds. this enables wallets to have multi-sigs, social recovery, hardware enclaves, etc.
  • erc-4337 it implements censorship-resistant aa without making any changes to the consensus layer of ethereum, by creating a new mempool, a smart contract wallet standard, and a shared entry point contract for managing user operations.
  • bundlers (new actors that are either block builders, or users that can send transactions to block builders through a bundle marketplace) package up a set of objects into a tx making a call to a special contract and sending objects to a separate mempool.

resources



protocols