Part I: WTF is Account Abstraction

Rather than storing a memorized secret like a password, users can apply public key cryptography to sign up, access sites, and take sensitive actions by using private keys to deterministically prove ownership of a represented account on a shared ledger. It may sound like voodoo to the average person, but it is a bit like electricity. Flip a switch, ... See more

Separating "login" from "data" is powerful and attractive. Currently, we need to create an account with every app and website we use. And we need to let these apps store our data on their own servers. On the blockchain-powered web, people use a single private key (and wallet) to log in to many different apps, and their data and history belong to th... See more

Blockchain-based accounts are one potentially well-posed solution to the needs outlined above, offering self-custodial data and universal login. Today, creating an Ethereum-based account does not require entering any personal data, and a subject may create an unlimited number of accounts, each represented by a unique address.