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Ethereum’s recent Upgrade It causes overvoltage in the use of an intelligent account and redefines how users interact with the network.
Data Compiled by the basic analyst 0xkofi from the Bundle Bear shows that more than 26,000 wallets have switched to a new format of intelligent EIP-7702 account in the Pectra upgrade.
What are intelligent accounts?
The EIP-7702 is a new standard that allows you to function as intelligent contracts without losing its original address or flexibility.
Traditionally, Ethereum’s wallets fell into two categories: externally owned (EOA) accounts that could send transactions but lack programability, and intelligent contracts that could automate tasks but could not start transactions.
EIP-7702 It combines these two by allowing EOA to delegate control on intelligent contracts. This unlocks a wide range of functions, including automated expenses, planned payments and multi -stage events that roll into one transaction.
More importantly, the update also allows Ethereum users to pay fees in tokens other than ETH and add another layer of comfort.
Ethereum EOA users can activate these innovative functions by authorizing intelligent contracts that control their wallet activity. This contract serves as a logical layer for transactions.
Meanwhile, those who want to return to the basic wallet can direct their address to the burns and remove programmable functions.
EIP-7702 sees rapid absorption
Data from the analyst of a basic analyst 0xcofof shows that intelligent accounts have received traction outside the Ethereum and are widely accepted on layer 2 networks, such as base and base and Optimism.
At the time of printing, there are 13 013 intelligent accounts on the Mainnet Ethereum. Optimism of the layer of 2 blockchain layer follows with 5,588, Intelligent Binance string with 5 261The base supported Coinbase has 2 851 and gnosis with 229.
These accounts have triggered almost 124,000 permissions since the upgrade launch. BSC leads with 69 active contracts, followed by Ethereum to 66. Basic, optimism and gnosis record 37, 9 and 6 active contracts.
The data show that exchanges and wallets also receive a shift.
According to rankingWhitebit has the highest number of intelligent account permissions, 6,922, followed by Metamask5 188. Okx The wallet represents 3,452, while unidentified sources contain another 3,988 accounts.
