Archives articles
Fall 2023, No. 2, Vol. 5 / Romanian Cyber Security Journal
Account Abstraction on Ethereum
Gabriel-Marius STOICA
gabriel.stoica@ici.ro
There is no doubt that blockchain technology can revolutionize the way we interact and transact goods in both the digital and physical environments. The automatic execution of transactions, without requiring interaction with an intermediary and while recording everything in a publicly available ledger, could be the solution to many current issues, both in the public and private sectors. However, to fully reap the benefits, a series of improvements must be considered and implemented. Even though Ethereum is one of the most popular blockchains at the moment, boasting a large community of developers and users, blockchain technology in general lacks global adoption. There are undoubtedly many aspects that could be improved to bring the next billion users into the web3 space, but most developers agree on one essential topic: the need to improve the user experience by simplifying their interaction with the technical side of the blockchain. Since most users lack technical knowledge, decentralized applications need to abstract this aspect so that it does not constitute a barrier between the benefits and the mode of use. For this reason, Account Abstraction is a proposal that aims to improve the interaction between the end user and decentralized applications.
Keywords:
Ethereum,
ERC-4337,
Decentralization,
Account Abstraction,
Blockchain
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CITE THIS PAPER AS:
Gabriel-Marius STOICA,
"Account Abstraction on Ethereum",
Romanian Cyber Security Journal,
ISSN 2668-6430,
vol. 5(2),
pp. 37-44,
2023.
https://doi.org/10.54851/v5i2y202304