What it means
A wallet that is itself a smart contract, so it can have rules such as fee sponsorship, batched steps or recovery options.
A plain wallet is just a key; a smart wallet adds programmable features on top.
How it works
Smart wallets are what account abstraction makes possible.
Related terms
| Term | What it means |
|---|---|
| Account abstraction | Making a wallet work like a programmable account, so it can do things a plain key can't, such as let someone else pay its network fees. |
| Paymaster | A smart contract that pays a transaction's gas fee on someone else's behalf. |
| Multisig | A wallet that needs several keys to approve a transaction, such as two out of three. |
This glossary explains terms in general. It isn't investment, tax or legal advice.