🚀 Privy Introduces Native Account Abstraction Feature
#Privy #AccountAbstraction #Web3 #IdentityVerification #PrivateKeyManagement #SmartWallets #GasFeeSubsidization #TransactionBatching
According to Foresight News, Web3 identity verification and private key management tool Privy has announced the launch of its native account abstraction feature. This new functionality allows users to automatically configure smart wallets and unlock features such as gas fee subsidization and transaction batching.#Privy #AccountAbstraction #Web3 #IdentityVerification #PrivateKeyManagement #SmartWallets #GasFeeSubsidization #TransactionBatching
🚀 Linea Introduces EIP-7702 for Enhanced Wallet Functionality
#EIP7702 #walletfunctionality #smartcontracts #transactionbatching #gasfees #sessionkeys #accountrecovery #ERC4337 #MetaMask #Type1EVM #Linea #blockchain #USDC
Linea has announced the launch of EIP-7702, which enables existing wallet addresses to execute smart contract logic and perform transaction batching, gas fee payments, session keys, and account recovery without changing addresses or migrating accounts. According to Foresight News, users can complete authorization and swaps in a single transaction, pay gas fees using USDC, mUSD, or any ERC-20 token, and grant time-limited session keys to applications or bots. EIP-7702 is fully compatible with the smart account standard ERC-4337 and has been natively integrated with MetaMask. Linea also plans to achieve full Type-1 EVM compatibility by 2026.#EIP7702 #walletfunctionality #smartcontracts #transactionbatching #gasfees #sessionkeys #accountrecovery #ERC4337 #MetaMask #Type1EVM #Linea #blockchain #USDC