Functional and technical impacts of EIP-7702

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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.
EIP-7702, introduced through the Pectra upgrade, allows Ethereum externally owned accounts (EOAs) to temporarily delegate control to smart contracts, enabling advanced wallet features without requiring wallet migration.

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