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Vitalik Buterin advocates for the decentralized fee market ERC-4337

Vitalik Buterin advocates for the decentralized fee market ERC-4337

2024/03/03 11:39

Ethereum co-founder Vitalik Buterin reiterated the importance of Account Abstraction (AA) becoming increasingly popular with ERC-4337 on social media. Throughout February, there was a significant surge in activity for ERC-4337, with an astonishing 2.989 million transactions executed across multiple chains. Impressively, the number of active AA accounts soared to 945,000, with 845,000 new accounts added and adoption reaching an all-time high. Vitalik emphasized the decentralized fee market provided by ERC-4337 and highlighted its role in facilitating user operations within smart contract wallets.

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