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Ethereum Pectra Upgrade Goes Live: EIP-7702 Enables Smart Account Abstraction
The Ethereum Pectra hard fork successfully activated on mainnet, bringing account abstraction capabilities and improving validator experience across the network.
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Sarah Kim
DeFi researcher and blockchain infrastructure expert.
Ethereum's Pectra hard fork has successfully activated on the mainnet, marking a significant leap forward for user experience and validator operations. The upgrade's centerpiece, EIP-7702, enables externally owned accounts (EOAs) to temporarily behave as smart contracts.
Account Abstraction Arrives
EIP-7702 allows wallets to bundle multiple transactions, pay gas fees in ERC-20 tokens, and enable social recovery mechanisms—all without requiring users to deploy separate smart contract wallets. Wallet providers like MetaMask and Coinbase Wallet have already shipped Pectra-compatible updates.
