Pectra is an Ethereum network upgrade that introduced EIP-7702, enabling externally owned accounts to temporarily operate like smart contract wallets.

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EIP-7702, an account-abstraction upgrade included in Ethereum's recent ‘Pectra’ hard fork, is designed to improve ease of user experience by allowing wallets to temporarily behave like smart contracts.

EIP-7702 temporarily allows externally owned accounts (EOAs) to operate as smart contract wallets. The upgrade enables features like transaction batching, spending limits, passkey integration, and wallet recovery—all without changing wallet addresses.