DefineDeFiWeb3 Glossary

Account Abstraction

Making crypto wallets smarter and easier to use. Enables features like recovering your account through friends instead of seed phrases.

Example

A wallet you can recover by getting approval from 3 trusted friends, instead of memorizing 12 random words.

Related Terms

Advanced Concepts

⚙️How It Works

  1. 1

    Smart Contract Wallet

    Your account is a programmable smart contract, not just a key

  2. 2

    Custom Rules

    You define who/what can authorize transactions

  3. 3

    Bundled Operations

    Multiple actions can be batched into one transaction

  4. 4

    Sponsored Fees

    Apps can pay gas fees for their users

❓Frequently Asked Questions

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