When a third party pays the transaction fees on behalf of a user.
When a third party pays the transaction fees on behalf of a user. This removes the biggest friction point in crypto: needing to own the native gas token before you can do anything. Paymasters in ERC-4337 and relayers enable gas sponsorship, making onboarding feel like a normal app.
A smart contract in the ERC-4337 account abstraction system that sponsors gas fees on behalf of users.
The fee paid to process transactions on Ethereum and similar blockchains.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
Application Binary Interface.
The Ethereum standard for account abstraction without changing the core protocol.
The way Ethereum and many other chains track balances.
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