Account Abstraction Using Alt Mempool

ERC-4337Last CallFinal review before acceptance
Users interact with smart accounts instead of EOAs. No seed phrases required, social recovery possible, gas payable in any token. Design implications: design onboarding without 'write down 12 words', show gas payment token selector, build recovery flows (guardian management UI), display bundled operations as single actions. Design decisions: tradeoff between custodial simplicity and self-custody complexity, must handle paymaster failures gracefully, decide whether to abstract UserOperations completely or expose for power users. 54M+ smart accounts, 1B+ UserOps. Smart wallets retain 70% of users vs 60% for seed-phrase wallets . Primary solution to Gas Hurdle (Critical), Key Management Burden (High), and Forced Backup Friction (Medium). Widely deployed (Safe, Biconomy, ZeroDev).
Category: Transaction Friction