Introducing Simple7702Account and Universal7702Account: EIP-7702 Smart Account Implementations
The Ethereum ecosystem is evolving rapidly, and EIP-7702 represents one of the most significant upgrades to account abstraction. In this post, we’ll explore two production-ready implementations: Simple7702Account and Universal7702Account, designed to bring smart contract functionality to Externally Owned Accounts (EOAs).
Why This Project?
In typical scenarios—such as facilitating simple transfers for custodial wallet users—the existing ERC-4337 paymaster solutions present significant challenges:
- Overly Complex: ERC-4337 requires a full bundler infrastructure, entry point contracts, and complex paymaster logic
- Third-Party Dependencies: Many solutions rely on external services like Pimlico, Alchemy, or other infrastructure providers
- High Integration Cost: Setting up and maintaining the entire 4337 stack is resource-intensive
For many use cases, you don’t need the full power of ERC-4337. What you need is a simple, direct way to sponsor transactions for your users.