BlockBeats News, April 27th, Ethereum's founder Vitalik responded to user X Paolo Rebuffo's comment on "Pectra implementing account abstraction," stating that the process of account abstraction is currently only halfway complete. The ultimate goal is to make non-ECDSA (Elliptic Curve Digital Signature Algorithm) accounts a mainstream account type on Ethereum.
These accounts include functionalities such as multi-signature, key rotation, quantum resistance, and privacy protocols. There has been significant progress recently in simplifying the 7701 standard to advance towards this goal's achievement.