EIP-7702 introduces a new paradigm for Ethereum users by allowing Externally Owned Accounts (EOAs), such as MetaMask accounts, to function like smart contracts. This enables on-chain code execution, giving smart capabilities to EOAs. Candide has added support for EIP-7702 across its entire stack, including Voltaire Bundler, InstaGas Paymaster, and AbstractionKit SDK.
ERC-4337 aims to bring Account Abstraction to Ethereum while maintaining strong decentralization and censorship-resistance, aligning closely with the block production security of the underlying chain. Launching a truly public and decentralized mempool for ERC-4337 is a complex process, and development will progress with “training wheels” — a controlled setup that allows for system updates and bug fixes in a safer environment. While necessary in the early stages, these training wheels will be gradually removed, enabling Bundlers to fully adopt the decentralized principles of the base layer.
Voltaire ERC-4337 Bundler has undergone its largest upgrade since its first launch with the support of EntryPoint v0.7, combined with the groundbreaking performance that gives any application near-instant execution. This upgrade makes onboarding your new users more economically feasible, faster, and smoother to maintain.