A place for talking about the Ethereum Virtual Machine on Farcaster.

Smart Contract Wallets do NOT exist! 👀

Some wallets support normal accounts (EOAs)

And some might support smart accounts (SCAs)

Eventually all wallets sill support both account types…

Now the question is where will the future wallets live? 🤔

How do you define smart contract wallets?

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

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Currently: WhatsABI

Usually Smart Contract Wallets are defined as wallets that support Smart Accounts

But technically there is very few differences between wallets that supports normal and smart accounts

How do you define smart accounts?

To me, smart contract wallets are wallets with programmable security and behaviour, such as key/device management. EOA's are one form of keys we widely support today (hopefully more soon).

Smart Accounts are any account that has a smart contract to manage your signers and assets

This differentiates from Externally-Owned Accounts (EOAs) which have only one signer and don't required any smart contract to be deployed

I think the best terminology would be Wallets are offchain whereas Accounts are onchain

Even an normal Accounts (EOAs) are purely onchain because owning an asset on chain A is not the same as chain B despite using the same signer (aka key)

Or are you trying to say that Wallets are cross-chain, whereas Accounts are per-chain?

Isn't that what Smart Contract Wallets are? Still not clear to me why it's different from a Smart Account, just renamed?