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:

	Coinrule Smart Account	Software wallet (EOA)	Hardware wallet	Centralized Exchange
Self-Custody
Multi-Signature
DeFi integrations
Privacy
Formally verified

Note: This provides a general overview and may vary between wallet providers.