ZkSync: EIP-4337 Compromises to Avoid Hard Bifurcation

According to reports, zkSync posted an article on social media explaining the difference between EIP-4337 and zkSync Era in terms of native account abstraction. zkSync stated that in order to avoid hard forking, EIP-4337 made some compromises, such as external owned accounts (EOA) and account abstractions (AA), separate transaction streams, separate memory pools, separate authenticator/binder roles, and external owned accounts that cannot use Paymasters, ZkSync has improved EIP-4337 by integrating account abstraction at the protocol level, and the above functions can be implemented.

ZkSync: EIP-4337 Compromises to Avoid Hard Bifurcation

| Heading | Subheading |
|———————–|————|
| Introduction | |
| What is EIP-4337? | |
| What is zkSync Era? | |
| Differences Between the Two | |
| Native Account Abstraction | |
| Improvements of zkSync | |
| Conclusion | |
| FAQ | |

#Article Table
##According to Report, zkSync Explains Difference between EIP-4337 and zkSync Era in Terms of Native Account Abstraction
###Introduction
Advancements in technology have led to the development of various platforms seeking to bridge the gap between traditional and digital financial systems. zkSync is one such platform that has been making significant strides in the digital financial arena. Recently, zkSync posted an article on social media explaining the difference between EIP-4337 and zkSync Era in terms of native account abstraction.
###What is EIP-4337?
EIP-4337 is a protocol upgrade introduced by Ethereum aimed at improving the blockchain’s transaction processing speed. The upgrade was proposed as a way of trimming the blockchain’s state size by about 80% by integrating native account abstraction.
###What is zkSync Era?
zkSync is a Layer 2 scaling solution built on Ethereum. It is designed to enhance the speed and throughput of transactions on the Ethereum network. zkSync uses zero-knowledge proofs to enable reliable and low-cost transactions while maintaining the security of the Ethereum mainnet ecosystem. The platform also provides a robust decentralization approach that ensures validators are distributed across global locations.
###Differences between EIP-4337 and zkSync Era
There are notable differences between EIP-4337 and zkSync Era. For instance, EIP-4337 was designed to upgrade the Ethereum network, while zkSync Era is a Layer 2 solution built on the Ethereum network. EIP-4337 comes with several compromises such as external owned accounts (EOA), account abstractions (AA), separate transaction streams, separate memory pools, separate authenticator/binder roles, and external owned accounts that cannot use Paymasters. In contrast, zkSync Era has improved EIP-4337 by integrating account abstraction at the protocol level.
###Native Account Abstraction
Native account abstraction refers to a feature that enables a user’s account to interact with smart contracts without using traditional digital signatures. By integrating account abstraction, users can benefit from an efficient and secure transaction system.
###Improvements of zkSync
zkSync has made some significant improvements compared to EIP-4337. The platform has integrated account abstraction at the protocol level, enabling users to perform various tasks more efficiently. zkSync also improves on EIP-4337 by having a single memory pool, authenticator/binder roles, and paymasters.
###Conclusion
In conclusion, zkSync Explains the Difference between EIP-4337 and zkSync Era in Terms of Native Account Abstraction. While EIP-4337 was designed to upgrade the Ethereum network by integrating native account abstraction, zkSync has taken it a step further by improving the protocol at the account level. This has significantly enhanced the platform’s reliability and routing.
###FAQs
1. How does zkSync improve on EIP-4337?
Answer: zkSync improves on EIP-4337 by integrating account abstraction at the protocol level, single memory pool, authenticator/binder roles, and paymasters.
2. What is native account abstraction?
Answer: Native account abstraction refers to a feature that enables a user’s account to interact with smart contracts without using traditional digital signatures.
3. What is zkSync?
Answer: zkSync is a Layer 2 scaling solution built on Ethereum designed to enhance the speed and throughput of transactions on the Ethereum network.