@silverarrow008

An Externally Owned Account (EOA) is controlled by a private key and can initiate transactions but lacks programmable logic. A smart contract wallet, however, is a contract deployed on the blockchain with customizable rules (e.g., multi-signature approvals, spending limits). While EOAs rely on users managing private keys, smart contract wallets automate actions via code, enabling advanced features like recovery mechanisms or session-based access. EOAs are simpler but less flexible, whereas smart contract wallets enhance security and functionality at the cost of gas fees for deployment and execution.

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