While account abstraction is perceived to be a catalyst that could onboard a billion users<\/a>\u00a0to Ethereum, its co-founder Vitalik Buterin shared some challenges in implementing the new feature on the blockchain.<\/p>\n Speaking on July 18 at the Ethereum Community Conference (EthCC) event in Paris, Buterin explained some of the key innovations that modern account abstraction brings and the current hurdles that the community is facing when it comes to the concept. <\/p>\n At the moment, when Ethereum users are transferring ERC-20 tokens, they are required to hold Ether (ETH<\/a>) to pay for the transaction fees within the network. According to Buterin, account abstraction extensions, generally called \u201cpaymasters,\u201d can allow users to pay their fees with \u201cwhatever coins that they are transferring.\u201d Apart from this, the extension can also allow decentralized applications (DApps)<\/a> to sponsor transactions for their users.\u00a0<\/p>\n Moreover, Buterin also talked about another extension called signature aggregation. According to the Ethereum founder, by compiling signatures with the feature, developers can save money on gas and data. He explained: <\/p>\n \u201cThis is actually especially a big deal on rollups because in a rollup a big or on because a big part of the size of a transaction is the signature on a rollup.\u201d<\/p><\/blockquote>\n Along with the potential benefits of account abstraction for users, Buterin also recognized that developers still need to overcome challenges. This includes needing an Ethereum Improvement Proposal (EIP) to upgrade current Ethereum externally-owned accounts \u2014 normal user accounts \u2014 into smart contracts and ensuring the protocol works similarly in layer-2 solutions. <\/p>\n Related: <\/em><\/strong>Lost keys have already cost billions of dollars, many more at risk \u2014 Polygon exec<\/em><\/strong><\/a><\/p>\n Buterin also highlighted that there are additional challenges when it comes to integrating with existing technologies, such as biometrics and integration with existing wallets. <\/p>\n Despite the obstacles the account abstraction endeavor faced, the Ethereum co-founder expressed excitement about its progress. \u201cAccount abstraction has made a lot of progress, and I\u2019m excited about all of the progress that we\u2019ll continue making in the future,\u201d he said. <\/p>\n Collect this article as an NFT<\/a><\/em><\/strong> to preserve this moment in history and show your support for independent journalism in the crypto space.<\/em><\/em><\/p>\n Magazine: <\/em><\/strong>\u2018Account abstraction\u2019 supercharges Ethereum wallets: Dummies guide<\/em><\/strong><\/a><\/p>\n<\/div>\n![](\"https:\/\/s3.cointelegraph.com\/uploads\/2023-07\/d78e0bac-365a-42a3-ba0a-d15a13c4f5df.png\")