Native Account Abstraction

The transition from externally owned accounts (EOAs) to smart contract accounts promises to revolutionize user experiences with features like seedless access, flexible gas fee delegation, batch transactions, and programmable accounts.

While ERC-4337 provides a standard for smart contract accounts, its approach outside the protocol has limitations. It necessitates a distinct transaction flow, complicating the transition for existing users without asset relocation. Additionally, it imposes a substantial gas overhead of approximately 42k for UserOperations, compared to around 21k for basic transactions. Furthermore, ERC-4337 depends on a smaller network of nodes and non-standard RPC methods, which can be restrictive.

In contrast, EIP-2938 offers a well-developed alternative for Account Abstraction. Despite this, it needs to work on aligning with the architecture of ERC-4337, currently utilized in production without protocol alterations. ISME Chain is pioneering the implementation of RIP-7560 to elevate smart contract accounts to first-class status at the protocol level, ensuring broad backward compatibility with ERC-4337 ecosystems. Native Yield on ISME Chain