Astonishing! After the Ethereum Pectra upgrade, the authorization of smart wallets surged, with over 11,000 users becoming experts in no time!

Just one week after the Pectra upgrade went live, the authorization volume of smart wallets skyrocketed to over 11,000, showcasing an incredible speed of user and DApp adoption!

🚀 EIP-7702 Revealed

This is a key feature in the Pectra upgrade that allows traditional Ethereum accounts (EOA) to temporarily authorize smart contracts to perform operations without completely switching to a smart contract wallet. In simple terms, users can enjoy advanced features with their old wallets and revoke authorization at any time, ensuring safety and convenience.

📊 New Ways to Use Smart Wallets

Batch transactions are combined into one, significantly reducing operational complexity.

Supports multi-signature, automated trading plans, and spending limits.

Users can also trade without gas fees, greatly enhancing the experience.

🔥 Highlights of Authorization Distribution

A mainstream platform's delegated contract received over 5,300 authorizations, accounting for nearly half of the total!

A highly popular wallet was authorized over 3,100 times, far exceeding other wallets.

Another top wallet, although having fewer authorizations, holds larger assets and has higher transaction values.

🔧 Pectra Goes Beyond

In addition to EIP-7702, it brings enhancements for validators and Layer 2 scaling, helping Ethereum to be faster and more stable.

Summary: The Pectra upgrade is driving Ethereum smart wallets into an explosive growth phase, making operations easier, ensuring greater security, and significantly lowering the threshold for ordinary users!

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