Happy Pectra-eve! Getting lots of qs on 7702 — quick list of what diff stakeholders can expect once it goes live off the top of my head

1️⃣ Users

- On day 1 not much should change (hopefully). Your wallets will be fine. One important thing about 7702 is that it enables some form of account abstraction, but in a way where EOAs are still important & have ultimate root access to your wallet. So if you have that, you’re still able to have full custody & control of your assets, will be able to revoke delegations, etc.

- Once wallets like Uniswap wallet, Metamask, etc start launching their smart wallet features, you can expect to see a delegation flow. It’s rly up to the app how they expose it, and how much theyre telling the user. I imagine there will be a mix of silent/hidden upgrades, as well as flows that ask for the users to consent to delegate. These delegations (aka authorizations) will likely be sent in with another transaction (eg a swap or a send).

- On etherscan, you will be able to easily see if your wallet is delegated. They’ve done a great job supporting this early!

- Once you’re delegated, you can expect to see benefits like batched txns (which enable 1 click swap!!), gas abstraction, permissioned keys, session keys, etc etc come over time. I don’t expect these to be common day 1, but as app devs start realizing these are tools in their chest, it’ll happen!

- The delegation onchain will cost a small amount of gas, fyi.

- If you’re used to copying your seed phrase to multiple wallets, this is where you may see some issues. Some wallets may decide to redelegate you. Some may decided to revoke your delegation. Some may do nothing and support you as is! Really depends on the wallet.