Ethereum developer Yoav Weiss revealed Ethereum's strategy to make smart contract interactions and dApps built on the ERC-4337 standard more robust and decentralized. This standard aims to improve the practice of smart contract crypto wallets by introducing them to the Ethereum blockchain.
ERC-4337 allows cryptocurrencies to operate simultaneously in both crypto wallets and smart contracts without an EOA. The initiative, led by Weiss and Ethereum co-founder Vitalik Buterin, aims to improve the procedures by which transactions are performed on Ethereum.
UserOP's new approach for ERC-4337 essentially represents being placed in the alt mempool before confirmation. Through this meaningful entity, users will be able to more easily perform operations within the Ethereum system. This effort is to facilitate the automation of smart contract connections, through which the general user experience of decentralized applications can be improved.
ERC-4337 was announced on popular EVM networks, including Ethereum, in March 2023 and has continued to grow ever since. Thanks to 4.1 million deployed accounts and 18.2 million user transactions, this standard represents a thriving ecosystem of projects leveraging its underlying capabilities.
The ongoing creation and location of ERC-4337 has sent a strong signal that Ethereum privacy is moving in a positive direction.
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