Smart contract wallets promise many benefits to Ethereum users, including enhanced security capabilities and transaction programmability.
The Ethereum ecosystem is on the cusp of realizing advanced security features and transaction functionality through the advent of smart contract wallets and account abstraction, but adoption of the technology remains gradual.
Cointelegraph spoke to Safe co-founder Lukas Schor during ETHGlobal in London to unpack why smart contract accounts and account abstraction promise to unlock Ethereum’s full utility.
“Vitalik Buterin recently put out this blog post with the three transitions we need to go through, and one of them is moving to smart accounts. That’s where we see our role,” Schor said.
