Vitalik: "Ethereum to push for the rollout of 'smart accounts' within a year"

Vitalik Buterin, co-founder of Ethereum (ETH), said he plans to introduce “smart accounts” incorporating account abstraction on the Ethereum network within a year.

According to crypto-focused outlet Cointelegraph on the 1st (KST), Buterin wrote on X (formerly Twitter), “It seems possible to implement the smart account functionality we’ve been preparing for a long time within a year,” adding, “Work on the related technology is in its final stages, and we are pursuing a plan to incorporate it through a network upgrade later this year.”

Smart accounts are a technology that makes an Ethereum account itself operate like a smart contract. Rather than simply signing with a single private key as before, the aim is an account system that enables more flexible transaction validation, a wider range of gas-fee payment methods, and features such as multisignature and quantum-resistant security.

Buterin explained, “If a structure is put in place that allows gas fees to be paid in tokens other than Ethereum, user convenience will increase significantly,” adding, “It will also make it possible to handle fees directly within the network without intermediaries.” He added that “these changes also align with Ethereum’s core value of decentralization.”