Smart Account
A smart account (also known as a smart contract account or smart contract wallet) leverages the programmability of smart contracts to extend its functionality and improve its security in comparison with externally-owned accounts (EOA). Examples for 'traditional' EOA accounts are Metamask wallets.
Features that smart accounts offer are:
Multi-signature scheme
Automated transactions via Session Keys
Transaction batching
Account recovery
Gasless transactions via Paymaster
On top of that, Coinrule's Smart Account gives you complete self custody over your funds. There is no risk of a bank giving you a hassle for running a crypto business and the smart contract that is deployed is completely trustless and in your control. Coinrule uses one of the most secure and battle-tested implementations of a smart account: Safe.
Here's an overview, comparing Coinrule's Smart Account to other digital asset storage solutions:
Self-Custody
Multi-Signature
DeFi integrations
Privacy
Formally verified
Note: This provides a general overview and may vary between wallet providers.
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