A smart contract wallet AKA smart account is a customizable Ethereum account. Smart accounts can be programmed with features like
UserOps are actions made by smart wallets. Bundlers bundle batches of UserOps into onchain transactions. Apps can use Paymasters to pay UserOp fees on behalf of their users
| Authorized Contract | |
|---|---|
| Crime | 2,652,235 |
| Bitget | 711,754 |
| Metamask Delegator | 578,791 |
| Ambire | 507,293 |
| 0xa1c72cfc4f408a3c4465592d2f0f9e7a13695de9 | 435,182 |
| TokenPocket | 338,377 |
| Coinbase Wallet | 336,583 |
| Simple 7702Account | 272,844 |
| Trustwallet | 272,776 |
| 0x48cb74f15ce2945ac0ac7efca6f4cb47e4281194 | 237,008 |
| 0x8d18b7d2e849d42286c75e69544af2f5104cdd1e | 214,650 |
| 0x70c6fabd35a453cda2f4732354a6f8dd798363ca | 157,769 |
| WhiteBit Account | 157,662 |
| Alchemy | 156,790 |
| Zerodev | 155,539 |
A smart contract wallet AKA smart account is a customizable Ethereum account. Smart accounts can be programmed with features like
* Batched transactions: Multiple actions, such as approving and swapping on a DEX, can be combined into one transaction.
* Gas fee abstraction: Users can transact without having to pay gas fees in the native token.
Regular EOA wallets upgrade to EIP-7702 smart accounts by authorizing a contract. The upgraded wallet has a "delegation indicator" that points to the authorized contract. When a transaction is sent to the EOA, it executes the code of the authorized contract.
To downgrade back to a regular EOA, the wallet authorizes the burn address.
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A transaction where Authorizations are executed onchain, thereby upgrading EOAs to smart accounts. One set code txn can contain multiple Authorizations.
