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henry
@henry
Pectra introduces EIP-7702 — this brings a lot of good, and by doing so it introduces a few more ways for your wallet to be tapped into. Normal wallets can now act like smart wallets: delegate code, batch actions, and even let others sponsor gas ↓
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henry
@henry
EIP-7702 lets you tell your wallet to “act like” another contract. If you sign a malicious delegation, it’s like giving someone your keys — they can drain your ETH or tokens instantly, and the change is permanent unless you reset it yourself.
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henry
@henry
If the smart contract your wallet points to doesn’t check for replay protection (like a unique nonce), attackers can reuse your past approvals. That means signing once could allow repeat access to your funds without your permission.
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henry
@henry
A poorly written or outdated smart contract could cause your wallet to glitch or be stuck. Since EIP-7702 writes this delegation permanently, a bad delegate contract could lock you out or stop you from making future changes.
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whyduck
@kryptosebek
Also not true delegation isn't permanent you can switch back to using your wallet as an eoa by revoking delegation
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