Smart wallets simplify complex blockchain interactions, making Ethereum more accessible to non-technical users.
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Smart wallet adoption surges with over 11,000 EIP-7702 authorizations on Ethereum within a week of Pectra upgrade
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The ability to upgrade existing Ethereum wallets with smart functionalities such as multi-signature approvals, spending limits, gasless transactions, and batched operations that were introduced by EIP-7702 through the Pectra upgrade, is expected to significantly accelerate user adoption of the Ethereum network.
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The introduction of EIP-7702 through the Pectra upgrade marks a significant step toward making Ethereum more user-friendly, secure, and developer-oriented, reinforcing the network’s position as a flexible and scalable blockchain.
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