NEWTON
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4 months ago
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These are testnet contracts. Not real ETH.
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What’s the difference between Account Abstraction (AA) and Externally Owned Accounts (EOA)?
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Newton
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4 months ago
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Account abstraction designate a paradigm in which there is no such thing as an EOA.
Blockchains like Ethereum needs a way to track ownership of assets. In Ethereum, two kind of entities can manipulate assets:
EOA users manipulate assets by signing a TRANSACTION, which is verified by the NETWORK. Smart contracts users manipulate asset by signing a PAYLOAD, which is verified by the SMART CONTRACT.
Account abstraction designates a paradigm in which it is not possible anymore to use assets directly through EOA. All assets are owned by smart contracts. The logic around user authentication, permissions etc, is left to the smart contract to implement.
0x1547...37A92A
answered
4 months ago
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