Veröffentlicht von • Ethereum developers have launched a new software feature called EntryPoint that allows wallet accounts to function as smart contracts.
• EntryPoint will enable account abstraction on all those ethereum-based protocols, allowing wallets to handle complex tasks automatically without requiring users to interact with the underlying blockchain.
• The safety of the whole architecture allowing for account abstraction on those protocols relies on how securely it is implemented in that one contract.
Ethereum Update Allows Wallets to Operate as Smart Contracts
Ethereum (ETH) developers have released a new software feature named EntryPoint which enables wallet accounts to act as smart contracts. This allows wallets to perform complex tasks automatically without needing users to interact with the blockchain itself. Furthermore, this optional feature is being offered by crypto wallet providers rather than through an protocol-level change in cryptocurrencies like ethereum.
Features Offered Through Account Abstraction
Account abstraction provides users with several advanced features such as automated payments and account recovery more quickly. With this, wallet apps can achieve „smart wallet“ features like two-factor authentication recovery options and native multi-signatures, making them more accessible and intuitive for users. After a security audit from OpenZeppelin, EntryPoint has been made available on various blockchains including Ethereum, Polygon, Arbitrum, and BNB Chain.
ERC 4337 Describes Further Features
EntryPoint is part of the much broader Ethereum Request for Comments (ERC) 4337 which describes additional features such as automated payments and two-factor authentication recovery options. This contract needs to be heavily audited and formally verified due to its role of serving as a central trust point for all EIP-4337 accounts attempting abstraction on these protocols .
Security Audit By OpenZeppelin
In order for EntryPoint’s implementation of account abstraction across these protocols to be secure , it underwent a thorough security audit conducted by OpenZeppelin . Michael Lewellen , head of solutions architecture at OpenZeppelin states that this contract permits wallet infrastructure providers offering more options such as native multi-signatures , account recovery ,and gas fee coverage for users .