Smart wallets using ERC-4337 are changing the game by offering more flexibility, customization, and security benefits. They're combining smart contract features with the ease of traditional wallets.
Ripple has partnered with Hedera and Algorand Foundations, along with other industry players, to develop a new recovery standard that aims to compete with ERC-4337.
Ethereum developer Yoav Weiss discusses the importance of the ERC-4337 standard in the Ethereum roadmap, aiming to enhance usability through account abstraction.
Ethereum's RIP-7560 proposal focuses on introducing account abstraction for Layer 2 networks to simplify validation and improve user experiences, with developer Yoav Weiss detailing the ERC-4337 standard.