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mev-toolkit/MEV_by_chains/MEV_on_Ethereum/account_abstraction
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dr. mia von steinkirch, phd b322efd403
account abstraction gas benchmakrs, by eth-infinitism
2023-02-17 18:56:41 -08:00
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README.md account abstraction gas benchmakrs, by eth-infinitism 2023-02-17 18:56:41 -08:00

README.md

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.

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