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ERC-4337’s Account Abstraction Is Now Live On The Ethereum Blockchain

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Ethereum co-founder Vitalik Buterin announced on Twitter recently that ERC-4337 \"is moving forward\". <\/p>\n\n\n\n

\n
• Officially proposed on the 29th of September, 2021, under (EIP-4337), ERC-4337 is an account abstraction proposal that \"completely avoids the need for consensus<\/a>-layer protocol<\/a> changes.\"<\/li>\n<\/ul>\n\n\n\n
  \n
  • This would allow for the customizability of wallets without changes to the Ethereum protocol. This would allow for creativity in the design of users wallets such as multisigs, social recovery, quantum-safe signature algorithms, upgradeability, and heightened decentralization.<\/li>\n<\/ul>\n\n\n\n
    \n
    • Although pre ERC-4337 wallets will not be compatible with the functions associated with ERC-4337. New wallets will have to be created that comply with the ERC-4337 standard.<\/li>\n<\/ul>\n\n\n\n
      \n
      • It does this by creating a separate peer-to-peer<\/a> mempool<\/a> of user operation objects and miners. Then \"bundlers\" (miners<\/a>\/validator nodes<\/a> who can send transactions through a bundle marketplace) set up these objects into a transaction. This then gets called to a special contract, which then includes the transaction within the next block. ((Vitalik Buterin<\/a>, Yoav Weiss<\/a>, Kristof Gazso<\/a>, Namra Patel<\/a>, Dror Tirosh<\/a>, Shahaf Nacson<\/a>, Tjaden Hess<\/a>, \"EIP-4337: Account Abstraction via Entry Point Contract specification [DRAFT],\" Ethereum Improvement Proposals<\/em>, no. 4337, September 2021. [Online serial]. Available: https:\/\/eips.ethereum.org\/EIPS\/eip-4337.))<\/li>\n<\/ul>\n\n\n\n
        \n
        • You can view the implementation progress on Ethereum's Infinitism GitHub<\/a>.<\/li>\n<\/ul>\n\n\n\n

          See Related:<\/em><\/strong> ERC-4337 Standard<\/a><\/p>\n\n\n\n

          \nhttps:\/\/twitter.com\/VitalikButerin\/status\/1527389654466449412\n<\/div><\/figure>\n\n\n\n

          <\/p>\n","post_title":"Vitalik Buterin: ERC-4337 Is Moving Foward","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"vitalik-buterin-erc-4337-is-moving-foward","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/what-is-a-blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-consensus-mechanisms\/\nhttps:\/\/www.thedistributed.co\/what-is-a-mempool-cryptocurrency-memory-pool\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/erc-4337-standard\/","post_modified":"2023-04-30 21:35:01","post_modified_gmt":"2023-04-30 11:35:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5203","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

          Most Read

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          ERC-4337’s Account Abstraction Is Now Live On The Ethereum Blockchain

          March 3, 2023 - Updated on April 10, 2023

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          >

          Follow The Distributed

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          ADVERTISEMENT

          \n

          You can view the implementation progress on\u00a0Ethereum\u2019s Infinitism GitHub<\/a>. Developers should be able to experiment with new features added to the smart contract wallets, such as signature aggregation and paymaster contracts, soon!<\/p>\n","post_title":"ERC-4337 Standard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"erc-4337-standard","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/nodes\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/mempool\/\nhttps:\/\/www.thedistributed.co\/peer-to-peer-p2p\/","post_modified":"2023-02-21 13:20:27","post_modified_gmt":"2023-02-21 02:20:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5214","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5203,"post_author":"1","post_date":"2022-05-25 18:24:47","post_date_gmt":"2022-05-25 08:24:47","post_content":"\n

          Ethereum co-founder Vitalik Buterin announced on Twitter recently that ERC-4337 \"is moving forward\". <\/p>\n\n\n\n

          \n
          • Officially proposed on the 29th of September, 2021, under (EIP-4337), ERC-4337 is an account abstraction proposal that \"completely avoids the need for consensus<\/a>-layer protocol<\/a> changes.\"<\/li>\n<\/ul>\n\n\n\n
            \n
            • This would allow for the customizability of wallets without changes to the Ethereum protocol. This would allow for creativity in the design of users wallets such as multisigs, social recovery, quantum-safe signature algorithms, upgradeability, and heightened decentralization.<\/li>\n<\/ul>\n\n\n\n
              \n
              • Although pre ERC-4337 wallets will not be compatible with the functions associated with ERC-4337. New wallets will have to be created that comply with the ERC-4337 standard.<\/li>\n<\/ul>\n\n\n\n
                \n
                • It does this by creating a separate peer-to-peer<\/a> mempool<\/a> of user operation objects and miners. Then \"bundlers\" (miners<\/a>\/validator nodes<\/a> who can send transactions through a bundle marketplace) set up these objects into a transaction. This then gets called to a special contract, which then includes the transaction within the next block. ((Vitalik Buterin<\/a>, Yoav Weiss<\/a>, Kristof Gazso<\/a>, Namra Patel<\/a>, Dror Tirosh<\/a>, Shahaf Nacson<\/a>, Tjaden Hess<\/a>, \"EIP-4337: Account Abstraction via Entry Point Contract specification [DRAFT],\" Ethereum Improvement Proposals<\/em>, no. 4337, September 2021. [Online serial]. Available: https:\/\/eips.ethereum.org\/EIPS\/eip-4337.))<\/li>\n<\/ul>\n\n\n\n
                  \n
                  • You can view the implementation progress on Ethereum's Infinitism GitHub<\/a>.<\/li>\n<\/ul>\n\n\n\n

                    See Related:<\/em><\/strong> ERC-4337 Standard<\/a><\/p>\n\n\n\n

                    \nhttps:\/\/twitter.com\/VitalikButerin\/status\/1527389654466449412\n<\/div><\/figure>\n\n\n\n

                    <\/p>\n","post_title":"Vitalik Buterin: ERC-4337 Is Moving Foward","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"vitalik-buterin-erc-4337-is-moving-foward","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/what-is-a-blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-consensus-mechanisms\/\nhttps:\/\/www.thedistributed.co\/what-is-a-mempool-cryptocurrency-memory-pool\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/erc-4337-standard\/","post_modified":"2023-04-30 21:35:01","post_modified_gmt":"2023-04-30 11:35:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5203","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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                    ERC-4337’s Account Abstraction Is Now Live On The Ethereum Blockchain

                    March 3, 2023 - Updated on April 10, 2023

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                    Subscribe To Our Newsletter

                    By subscribing, you agree with our privacy and terms.

                    Type your email here

                    >

                    Follow The Distributed

                    Twitter Instagram Youtube LinkedIn Facebook RSS

                    

                    ADVERTISEMENT

                    \n

                    Is The ERC-4337 Implementation In Progress?<\/h2>\n\n\n\n

                    You can view the implementation progress on\u00a0Ethereum\u2019s Infinitism GitHub<\/a>. Developers should be able to experiment with new features added to the smart contract wallets, such as signature aggregation and paymaster contracts, soon!<\/p>\n","post_title":"ERC-4337 Standard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"erc-4337-standard","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/nodes\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/mempool\/\nhttps:\/\/www.thedistributed.co\/peer-to-peer-p2p\/","post_modified":"2023-02-21 13:20:27","post_modified_gmt":"2023-02-21 02:20:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5214","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5203,"post_author":"1","post_date":"2022-05-25 18:24:47","post_date_gmt":"2022-05-25 08:24:47","post_content":"\n

                    Ethereum co-founder Vitalik Buterin announced on Twitter recently that ERC-4337 \"is moving forward\". <\/p>\n\n\n\n

                    \n
                    • Officially proposed on the 29th of September, 2021, under (EIP-4337), ERC-4337 is an account abstraction proposal that \"completely avoids the need for consensus<\/a>-layer protocol<\/a> changes.\"<\/li>\n<\/ul>\n\n\n\n
                      \n
                      • This would allow for the customizability of wallets without changes to the Ethereum protocol. This would allow for creativity in the design of users wallets such as multisigs, social recovery, quantum-safe signature algorithms, upgradeability, and heightened decentralization.<\/li>\n<\/ul>\n\n\n\n
                        \n
                        • Although pre ERC-4337 wallets will not be compatible with the functions associated with ERC-4337. New wallets will have to be created that comply with the ERC-4337 standard.<\/li>\n<\/ul>\n\n\n\n
                          \n
                          • It does this by creating a separate peer-to-peer<\/a> mempool<\/a> of user operation objects and miners. Then \"bundlers\" (miners<\/a>\/validator nodes<\/a> who can send transactions through a bundle marketplace) set up these objects into a transaction. This then gets called to a special contract, which then includes the transaction within the next block. ((Vitalik Buterin<\/a>, Yoav Weiss<\/a>, Kristof Gazso<\/a>, Namra Patel<\/a>, Dror Tirosh<\/a>, Shahaf Nacson<\/a>, Tjaden Hess<\/a>, \"EIP-4337: Account Abstraction via Entry Point Contract specification [DRAFT],\" Ethereum Improvement Proposals<\/em>, no. 4337, September 2021. [Online serial]. Available: https:\/\/eips.ethereum.org\/EIPS\/eip-4337.))<\/li>\n<\/ul>\n\n\n\n
                            \n
                            • You can view the implementation progress on Ethereum's Infinitism GitHub<\/a>.<\/li>\n<\/ul>\n\n\n\n

                              See Related:<\/em><\/strong> ERC-4337 Standard<\/a><\/p>\n\n\n\n

                              \nhttps:\/\/twitter.com\/VitalikButerin\/status\/1527389654466449412\n<\/div><\/figure>\n\n\n\n

                              <\/p>\n","post_title":"Vitalik Buterin: ERC-4337 Is Moving Foward","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"vitalik-buterin-erc-4337-is-moving-foward","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/what-is-a-blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-consensus-mechanisms\/\nhttps:\/\/www.thedistributed.co\/what-is-a-mempool-cryptocurrency-memory-pool\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/erc-4337-standard\/","post_modified":"2023-04-30 21:35:01","post_modified_gmt":"2023-04-30 11:35:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5203","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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                              ERC-4337’s Account Abstraction Is Now Live On The Ethereum Blockchain

                              March 3, 2023 - Updated on April 10, 2023

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                              Amazon Commits $4 Billion Investment In Anthropic To Power The Generation Of AI Development

                              December 3, 2024

                              Subscribe To Our Newsletter

                              By subscribing, you agree with our privacy and terms.

                              Type your email here

                              >

                              Follow The Distributed

                              Twitter Instagram Youtube LinkedIn Facebook RSS

                              

                              ADVERTISEMENT

                              \n

                              With the customizability of wallets, ERC-4337 would allow for creativity within wallet designs. Some of the proposed features in these smart contract wallets include multi-sigs, social recovery, quantum-safe signature algorithms, upgradeability, and heightened decentralization. As proposed in ERC-4337, smart contract wallets will have reduced gas prices, too, says<\/a> Ethereum co-founder Vitalik Buterin.<\/p>\n\n\n\n

                              Is The ERC-4337 Implementation In Progress?<\/h2>\n\n\n\n

                              You can view the implementation progress on\u00a0Ethereum\u2019s Infinitism GitHub<\/a>. Developers should be able to experiment with new features added to the smart contract wallets, such as signature aggregation and paymaster contracts, soon!<\/p>\n","post_title":"ERC-4337 Standard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"erc-4337-standard","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/nodes\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/mempool\/\nhttps:\/\/www.thedistributed.co\/peer-to-peer-p2p\/","post_modified":"2023-02-21 13:20:27","post_modified_gmt":"2023-02-21 02:20:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5214","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5203,"post_author":"1","post_date":"2022-05-25 18:24:47","post_date_gmt":"2022-05-25 08:24:47","post_content":"\n

                              Ethereum co-founder Vitalik Buterin announced on Twitter recently that ERC-4337 \"is moving forward\". <\/p>\n\n\n\n

                              \n
                              • Officially proposed on the 29th of September, 2021, under (EIP-4337), ERC-4337 is an account abstraction proposal that \"completely avoids the need for consensus<\/a>-layer protocol<\/a> changes.\"<\/li>\n<\/ul>\n\n\n\n
                                \n
                                • This would allow for the customizability of wallets without changes to the Ethereum protocol. This would allow for creativity in the design of users wallets such as multisigs, social recovery, quantum-safe signature algorithms, upgradeability, and heightened decentralization.<\/li>\n<\/ul>\n\n\n\n
                                  \n
                                  • Although pre ERC-4337 wallets will not be compatible with the functions associated with ERC-4337. New wallets will have to be created that comply with the ERC-4337 standard.<\/li>\n<\/ul>\n\n\n\n
                                    \n
                                    • It does this by creating a separate peer-to-peer<\/a> mempool<\/a> of user operation objects and miners. Then \"bundlers\" (miners<\/a>\/validator nodes<\/a> who can send transactions through a bundle marketplace) set up these objects into a transaction. This then gets called to a special contract, which then includes the transaction within the next block. ((Vitalik Buterin<\/a>, Yoav Weiss<\/a>, Kristof Gazso<\/a>, Namra Patel<\/a>, Dror Tirosh<\/a>, Shahaf Nacson<\/a>, Tjaden Hess<\/a>, \"EIP-4337: Account Abstraction via Entry Point Contract specification [DRAFT],\" Ethereum Improvement Proposals<\/em>, no. 4337, September 2021. [Online serial]. Available: https:\/\/eips.ethereum.org\/EIPS\/eip-4337.))<\/li>\n<\/ul>\n\n\n\n
                                      \n
                                      • You can view the implementation progress on Ethereum's Infinitism GitHub<\/a>.<\/li>\n<\/ul>\n\n\n\n

                                        See Related:<\/em><\/strong> ERC-4337 Standard<\/a><\/p>\n\n\n\n

                                        \nhttps:\/\/twitter.com\/VitalikButerin\/status\/1527389654466449412\n<\/div><\/figure>\n\n\n\n

                                        <\/p>\n","post_title":"Vitalik Buterin: ERC-4337 Is Moving Foward","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"vitalik-buterin-erc-4337-is-moving-foward","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/what-is-a-blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-consensus-mechanisms\/\nhttps:\/\/www.thedistributed.co\/what-is-a-mempool-cryptocurrency-memory-pool\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/erc-4337-standard\/","post_modified":"2023-04-30 21:35:01","post_modified_gmt":"2023-04-30 11:35:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5203","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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                                        ERC-4337’s Account Abstraction Is Now Live On The Ethereum Blockchain

                                        March 3, 2023 - Updated on April 10, 2023

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                                        Introducing Gemini 2.0: Google’s Most Capable Model That Can Power AI Agents

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                                        November 24, 2024

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                                        December 3, 2024

                                        Subscribe To Our Newsletter

                                        By subscribing, you agree with our privacy and terms.

                                        Type your email here

                                        >

                                        Follow The Distributed

                                        Twitter Instagram Youtube LinkedIn Facebook RSS

                                        

                                        ADVERTISEMENT

                                        \n

                                        What Are The Benefits Of ERC-4337?<\/h2>\n\n\n\n

                                        With the customizability of wallets, ERC-4337 would allow for creativity within wallet designs. Some of the proposed features in these smart contract wallets include multi-sigs, social recovery, quantum-safe signature algorithms, upgradeability, and heightened decentralization. As proposed in ERC-4337, smart contract wallets will have reduced gas prices, too, says<\/a> Ethereum co-founder Vitalik Buterin.<\/p>\n\n\n\n

                                        Is The ERC-4337 Implementation In Progress?<\/h2>\n\n\n\n

                                        You can view the implementation progress on\u00a0Ethereum\u2019s Infinitism GitHub<\/a>. Developers should be able to experiment with new features added to the smart contract wallets, such as signature aggregation and paymaster contracts, soon!<\/p>\n","post_title":"ERC-4337 Standard","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"erc-4337-standard","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/tokenized-assets\/\nhttps:\/\/www.thedistributed.co\/nodes\/\nhttps:\/\/www.thedistributed.co\/smart-contracts\/\nhttps:\/\/www.thedistributed.co\/mempool\/\nhttps:\/\/www.thedistributed.co\/peer-to-peer-p2p\/","post_modified":"2023-02-21 13:20:27","post_modified_gmt":"2023-02-21 02:20:27","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5214","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":5203,"post_author":"1","post_date":"2022-05-25 18:24:47","post_date_gmt":"2022-05-25 08:24:47","post_content":"\n

                                        Ethereum co-founder Vitalik Buterin announced on Twitter recently that ERC-4337 \"is moving forward\". <\/p>\n\n\n\n

                                        \n
                                        • Officially proposed on the 29th of September, 2021, under (EIP-4337), ERC-4337 is an account abstraction proposal that \"completely avoids the need for consensus<\/a>-layer protocol<\/a> changes.\"<\/li>\n<\/ul>\n\n\n\n
                                          \n
                                          • This would allow for the customizability of wallets without changes to the Ethereum protocol. This would allow for creativity in the design of users wallets such as multisigs, social recovery, quantum-safe signature algorithms, upgradeability, and heightened decentralization.<\/li>\n<\/ul>\n\n\n\n
                                            \n
                                            • Although pre ERC-4337 wallets will not be compatible with the functions associated with ERC-4337. New wallets will have to be created that comply with the ERC-4337 standard.<\/li>\n<\/ul>\n\n\n\n
                                              \n
                                              • It does this by creating a separate peer-to-peer<\/a> mempool<\/a> of user operation objects and miners. Then \"bundlers\" (miners<\/a>\/validator nodes<\/a> who can send transactions through a bundle marketplace) set up these objects into a transaction. This then gets called to a special contract, which then includes the transaction within the next block. ((Vitalik Buterin<\/a>, Yoav Weiss<\/a>, Kristof Gazso<\/a>, Namra Patel<\/a>, Dror Tirosh<\/a>, Shahaf Nacson<\/a>, Tjaden Hess<\/a>, \"EIP-4337: Account Abstraction via Entry Point Contract specification [DRAFT],\" Ethereum Improvement Proposals<\/em>, no. 4337, September 2021. [Online serial]. Available: https:\/\/eips.ethereum.org\/EIPS\/eip-4337.))<\/li>\n<\/ul>\n\n\n\n
                                                \n
                                                • You can view the implementation progress on Ethereum's Infinitism GitHub<\/a>.<\/li>\n<\/ul>\n\n\n\n

                                                  See Related:<\/em><\/strong> ERC-4337 Standard<\/a><\/p>\n\n\n\n

                                                  \nhttps:\/\/twitter.com\/VitalikButerin\/status\/1527389654466449412\n<\/div><\/figure>\n\n\n\n

                                                  <\/p>\n","post_title":"Vitalik Buterin: ERC-4337 Is Moving Foward","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"vitalik-buterin-erc-4337-is-moving-foward","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/what-is-a-blockchain-protocol\/\nhttps:\/\/www.thedistributed.co\/blockchain-essentials-consensus-mechanisms\/\nhttps:\/\/www.thedistributed.co\/what-is-a-mempool-cryptocurrency-memory-pool\/\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/\nhttps:\/\/www.thedistributed.co\/erc-4337-standard\/","post_modified":"2023-04-30 21:35:01","post_modified_gmt":"2023-04-30 11:35:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=5203","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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                                                  ERC-4337’s Account Abstraction Is Now Live On The Ethereum Blockchain

                                                  March 3, 2023 - Updated on April 10, 2023

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