#ERC-4337 How to solve the problem of preventing key loss?
In layman’s terms, the ERC-4337 standard is designed to make Ethereum wallets easier to use and help prevent users from losing access to the cryptocurrency.
To achieve this, the creators of Ethereum proposed turning wallets into smart contracts.
Smart contracts have built-in mechanisms to help users keep their cryptocurrencies safe even if they forget their password or lose their private keys. This key feature includes the option to require multiple people to approve a transaction, as well as a system where multiple users can keep their cryptocurrencies safe even if someone loses them. their private key to help restore access to their account.
