Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Sunday, June 1
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Safe Unleashes the Power of Account Abstraction with ERC-4337 Compatibility
News

Safe Unleashes the Power of Account Abstraction with ERC-4337 Compatibility

"ERC-4337 will play a key part as a relaying option for developers to build products for millions of users,” states Safe Co-Founder Richard Meissner.
Arun ShakyawarBy Arun ShakyawarJuly 13, 2023Updated:November 17, 2023No Comments2 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Safe Unleashes the Power of Account Abstraction with ERC-4337 Compatibility
Safe Co-Founder, Richard Meissner.
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Key Takeaways

  • Safe has introduced ERC-4337 compatibility, allowing developers to leverage account abstraction.
  • This upgrade simplifies the user experience and offers features like gas fee payment, social recovery, spending limits, and subscriptions.
  • Account abstraction is considered one of the most important upgrades to Ethereum.

Safe, formerly known as Gnosis Safe, has announced the integration of ERC-4337 compatibility through its plugin system called “Safe Modules.” This upgrade allows developers to utilize account abstraction on Safe’s smart account infrastructure, as the project approaches $60 billion in secured digital assets.

Account abstraction is considered a significant improvement to Ethereum and has been highlighted in Vitalik Buterin’s blog as crucial for the widespread adoption of web3.

Safe has been a pioneer in account abstraction, with over 3.6 million smart accounts across various chains. The recent launch of World App by Sam Altman’s Worldcoin has further contributed to Safe’s leadership in this area.

ERC-4337, an integral part of account abstraction, simplifies self-custody for users. It serves as a transaction relayer for smart accounts, offering an off-chain transaction pool for organizing transactions before they are relayed to the blockchain.

This abstraction technology enables users to handle complexities like gas fees, social recovery, spending limits, and subscriptions. Notably, even payments giant Visa has shown interest in account abstraction.

To facilitate the development of accessible and user-friendly apps with smart account features, Safe introduced Safe{Core}.

With the heightened concern for asset security, Safe’s account abstraction infrastructure now provides a fully audited upgrade that supports ERC-4337.

The compatibility is designed to be modular, ensuring flexibility for developers and accommodating a wide range of use cases.

Richard Meissner, Co-Founder and Technical Lead at Safe, emphasized the importance of providing developers with a modular, flexible, and unopinionated stack for account abstraction. As ERC-4337 evolves, it will serve as a relaying option for developers to create products for millions of users.

The ERC-4337 support is immediately available through the Safe{Core} AA SDK, enabling developers to build upon it. It will also play a significant role in the upcoming ETHGlobal Paris hackathon for Safe.

Read Also: Safe Wallet Integrates DeFirewall to Boost Crypto Transaction Security

Account Abstraction Crypto Wallet ERC-4337 Safe Global
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Arun Shakyawar
  • Website
  • X (Twitter)
  • LinkedIn

Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

More AlexaBlockchain

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

May 30, 2025

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

May 28, 2025

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

May 27, 2025

Taurus, Parfin to Build Institutional Digital Asset Infra Across Europe and LatAm

May 27, 2025

WalletConnect Launches WCT on Solana with 5M Airdrop, Goes Multichain via Wormhole

May 23, 2025

Sir Patrick Stewart, DeLorean Team Up Ahead of Its On-chain EV Marketplace Launch

May 22, 2025
Add A Comment

Comments are closed.

Don't Miss

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

Katana Launches High-Yield DeFi Blockchain Backed by GSR and Polygon Labs

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.