Visa Proposes Automatic Payments Using Ethereum Layer 2 Solution StarkNet

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Visa Proposes Automatic Payments Using Ethereum Layer 2 Solution StarkNet

EOAs can initiate transactions, but CA’s cannot. However, by using Account Abstraction, it is possible to create a smart contract that can initiate transactions on behalf of an EOA, enabling the creation of a self-custodial wallet that can make automatic recurring payments, Visa said. www.coindesk.com

EOAs can initiate transactions, but CA’s cannot. However, by using Account Abstraction, it is possible to create a smart contract that can initiate transactions on behalf of an EOA, enabling the creation of a self-custodial wallet that can make automatic recurring payments, Visa said.

www.coindesk.com