when 7702 activates, the race will be on to proactively convert EOAs into trusted smart wallets before getting tricked into upgrading it to a drainer.

Pragmatism (Security) at OP Labs.
Prev: ConsenSys & Coinbase.

Attribs: Friendly, curious, introverted, mid-witted.
Chans: /eth-security /maurelian /stoicism




No, but it should provide a bit more safety, especially if wallets help users move to using other keys without permission to upgrade the EOA itself.

if you "upgrade" to a trusted smart wallet, that doesn't prevent you from "upgrading" to a drainer later on, does it?

Еasy and secure self-custody for smart accounts, EOAs, and hardware wallets. EIP-7702-ready. https://ambire.com/get-extension

it is not permanent, you can delegate to some code and then change it. So you are not being locked, there is no race. Also wallets would allow only to delegate to their own code and will not allow apps to trigger a delegation transaction. You will be able to try it yourself with @ambirewallet very soon once BSC updates their network on 20.03

you don't have to delegate an EOA to a smart contract

moreover, if you don't know what you're delegating to I would strongly advise that you don't