2023-03-20
Ethereum blockchain will add a
new feature called “Account Abstraction” or ERC-4337. It will enable users to
recover their private keys in case users lose the private keys. ERC-4337 is a
smart contract that will enable users to recover lost private keys. Users can
get access to their wallet using 2FA or biometrics like a fingerprint. Users
lose their private keys will not lose access to their wallets anymore. Ethereum
wants to create mass adoption by making Ethereum wallets easier to use.