Is ERC-4337 Changing Smart Accounts, or Having Trouble Getting Started? 🥺
#Ethereum 's account abstraction advocate, John Rising, shared disappointing figures revealing low adoption rates.
Only 6.89% of initial smart accounts lasted over six months. Bundlers, vital for smart accounts, faced profitability issues despite increased #gas payments.
However, some, like Jesse Pollak of Coinbase, believe in gradual but positive growth. August saw a peak of 420,000 active smart accounts, but by October, it declined to 143,000. The question remains: Will #ERC-4337 truly transform smart accounts or face continued challenges in gaining traction?
