Vitalik: Ethereum smart accounts coming in Hegota fork

Vitalik Buterin said Ethereum's account abstraction, or smart accounts, will be shipped with the Hegota upgrade within a year. He noted the idea has been discussed since early 2016 and that EIP-8141 is an omnibus that wraps up and solves every remaining problem; it is slated for deployment this year.

The design centers on 'frame transactions'. Rather than a single operation, a transaction becomes a sequence of frames that can reference each other's data, and each frame can signal authorization of a sender or gas payer. Multi-signatures, quantum-resistant wallets and accounts with changeable keys work by using a validation frame that checks and approves a signature, followed by an execution frame.

Paying gas in non-ETH tokens can be achieved via a paymaster contract or a special-purpose decentralized exchange that supplies Ether in real time, with no intermediaries required. 'Intermediary minimization is a core principle of non-ugly cypherpunk Ethereum,' Buterin said.

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