Foresight News reports that Ethereum co-founder Vitalik Buterin tweeted that EIP-8141 provides a comprehensive protocol to solve all account abstraction issues. This protocol makes transactions no longer a single operation but a series of “frames” that can reference each other’s data, with each frame representing authorization for the sender or Gas payer.
Vitalik gave an example: if you want to pay Gas fees with RAI, you can use a payment main contract (a DEX dedicated to converting other tokens to ETH). This contract only needs to verify that the transaction initiator provides enough RAI to cover Gas fees, without intermediaries. Vitalik stated that minimizing middlemen is a core principle of Ethereum’s “non-ugly cyberpunk” ethos: even if all infrastructure except Ethereum itself fails, you should still maximize what you can do.
Additionally, Vitalik believes this means they can completely remove privacy platforms like Railgun and Tornado Cash, which cause significant user experience pain, and replace them with a “general public memory pool.” He said that after the upgrade, all Ethereum accounts can be integrated into the same framework, gaining batch operation and transaction initiation capabilities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitmine transferred 9,600 ETH to the institutional platform, possibly for internal asset rebalancing, staking, or OTC trading.
Bitmine Immersion Technologies recently transferred approximately 9,600 ETH into CEX hot wallets through two transactions, demonstrating confidence in Ethereum. The company's chairman stated that the increased purchases are due to a positive market outlook, and the transferred tokens may be used for internal asset management rather than selling. The company currently estimates an unrealized loss of about $7.8 billion.
GateNews31m ago
Bitmine wallet transferred 9,257 ETH to a CEX today, worth 18.79 million USD.
Gate News Report: On March 10, the wallet labeled as Bitmine (0xD99...555e) transferred an additional 4,308 ETH to a certain CEX two hours ago, worth $8.74 million. Today, this wallet has transferred a total of 9,257 ETH to that CEX, valued at $18.79 million, and the wallet has now been emptied.
GateNews50m ago
Beware of crypto scams: Political organizations report impersonators soliciting Bitcoin and Ethereum donations related to Iran issues
The Russian "All-Russian People's Front" warns that scammers are forging donation documents to induce supporters of Iran to donate cryptocurrencies, claiming that the funds will be used to aid Ukrainian soldiers. The organization reiterates that all crypto fundraising activities in its name are scams, and legitimate donations can only be made through official website bank transfers. Meanwhile, Russian security agencies are stepping up efforts to combat related criminal activities. Cryptocurrencies are becoming increasingly important in the political and military funding flows in the Middle East, posing new security challenges for users.
GateNews1h ago
Vitalik Buterin proposes the idea of "one-click Ethereum staking": DVT-lite may lower the barrier to institutional participation
Ethereum co-founder Vitalik Buterin revealed that the Foundation has successfully staked 72,000 ETH through the simplified DVT-lite technology, aiming to lower institutional staking barriers and streamline the distributed validation process. The solution strikes a balance between stability and operational complexity, allowing multiple nodes to share validation keys and reduce downtime risk. The staking plan is expected to be completed by March 19, further enhancing the decentralization of the Ethereum network.
GateNews1h ago