DoraHacks

Currently, Ethereum has two main goals: Ethereum mainnet extension and Mass Adoption. One important aspect of this is the development of wallet options. The wallet market is mainly divided into two types: those using the EOA (the underlying account system) and those using Abstract Accounts. Ethereum hopes to encourage more users to adopt Abstract Account wallets to reduce reliance on the EOA. There are several proposals for account abstract, including EIP-3074 and the more radical EIP-5003, but ERC-4337 is the most commonly used. Why is this the case? What is the operating principle and trading logic behind it? What are the current problems and future benefits of Abstract Account? Let's discuss!