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Definition: ERC-4337


(Ethereum Request for Comments-4337) A smart account standard for Ethereum. Launched in 2023 and also known as "account abstraction," ERC-4337 defines a smart account as a smart contract that supports several functions, including creating recurring payments, adding two-factor authentication, nominating a person to restore wallet access, paying fees with any token, letting a third party pay the fees and batching multiple transactions into one. See Ethereum and Ethereum accounts.