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EIP-3074: Innovation of EOA account to enhance experience and security
EIP-3074: Bringing a better experience and higher security for EOA accounts
EIP-3074 is an important proposal aimed at allowing regular accounts (EOA) to gain execution capabilities comparable to smart contracts. This not only significantly enhances the user experience but also reshapes the existing authorization methods, improving security while maintaining convenience.
Main Features of EIP-3074
Potential Applications of EIP-3074
Batch call: Combine multiple operations into a single transaction for execution.
Session Key: Authorizes a third party to operate the account under specified conditions.
Native ETH permit: Implement ETH transfer authorization similar to ERC20 permit
Limit Order: Execute limit trades without prior authorization.
Social Recovery: Transfer account assets through the preset recovery mechanism.
Impact of EIP-3074 on the Existing Ecosystem
Summary
EIP-3074 brings contract-level flexibility to EOA, opening up many new application scenarios. It not only enhances user experience but also redefines a more secure authorization method. Although there are still some details to consider in the implementation, EIP-3074 is expected to become an important improvement in the Ethereum ecosystem, providing users with a better experience and higher security.