Ethereum's new asset recovery feature.
06 Jul 2023, 11:15
Ethereum's new asset recovery feature
A new and unique feature has been added to this blockchain by Ethereum developers, which has attracted the attention of users. This feature is called Account Abstraction and has been added to the blockchain with the ERC-4337 standard, which can make it easier to recover assets if the private key of a wallet is lost or lost. According to the announcement published by the developers, two account models have been launched to store digital currencies on the Ethereum network. Accounts under foreign ownership (EOA) and contract accounts (CA accounts), unlike EOAs, are managed and controlled with code instead of private keys, and by using the Account Abstraction feature, a mechanism can be designed by integrating these two different forms of accounts so that users They can still access their account if they lose their private key.
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06 Jul 2023, 11:15
Ethereum's new asset recovery feature
A new and unique feature has been added to this blockchain by Ethereum developers, which has attracted the attention of users. This feature is called Account Abstraction and has been added to the blockchain with the ERC-4337 standard, which can make it easier to recover assets if the private key of a wallet is lost or lost. According to the announcement published by the developers, two account models have been launched to store digital currencies on the Ethereum network. Accounts under foreign ownership (EOA) and contract accounts (CA accounts), unlike EOAs, are managed and controlled with code instead of private keys, and by using the Account Abstraction feature, a mechanism can be designed by integrating these two different forms of accounts so that users They can still access their account if they lose their private key.
visit our website.
join our telegram channel to read updating.
join our telegram group for more support.
Ethereum's new asset recovery feature.
Ethereum's new asset recovery feature
A new and unique feature has been added to this blockchain by Ethereum developers, which has attracted the attention of users. This feature is called Account Abstraction and has been added to the blockchain with the ERC-4337 standard, which can make it easier to recover assets if the private key of a wallet is lost or lost. According to the announcement published by the developers, two account models have been launched to store digital currencies on the Ethereum network. Accounts under foreign ownership (EOA) and contract accounts (CA accounts), unlike EOAs, are managed and controlled with code instead of private keys, and by using the Account Abstraction feature, a mechanism can be designed by integrating these two different forms of accounts so that users They can still access their account if they lose their private key.
visit our website.
join our telegram channel to read updating.
join our telegram group for more support.