Ethereum EIP-7702 proposal faces challenges

The EIP-7702 proposal proposed by Vitalik was included in the next upgrade "Pectra", but developers have not yet finalized the details.

The proposal allows externally owned accounts (EOA) to temporarily act as smart contracts in a single transaction, enhancing flexibility and security.

At a recent core developer meeting, the integration challenges and potential risks of EIP-7702 were discussed.

The developers unanimously agreed to resolve these issues before the next meeting on July 4 to ensure its timely implementation into the development testnet.

Ethereum's next major upgrade is expected to go live between November 2024 and early 2025.