Article • 10 months ago
IoTeX Launches ioPay with Account Abstraction, Revolutionizing Blockchain User Experience
Summary
- Account Abstraction (AA) introduces a sophisticated model for blockchain accounts, separating fund control from code execution.
- The implementation of AA in ioPay provides enhanced flexibility, reduced gas costs, improved upgradability, and security.
- IoTeX's expertise and grant from the Ethereum Foundation has enabled the development of a highly secure and user-friendly AA wallet, with gas fee subsidies and rewards for ioPay users and MachineFi NFT holders.
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