Wallets · 17 / 86
Account abstraction and passkeys
A smart wallet can add recovery, spending limits, and passkeys. Those are useful. They also add a new set of people who can help, and therefore interfere.
What changes
You might recover an account with people you named, instead of a seed you must never lose. You might pay gas in a different coin. The wallet is a contract, not only a key.
What to ask
Who can recover it. Who can upgrade the wallet contract. Whether a guardian is a company. A passkey stored in a cloud account ties the crypto wallet to that cloud company.
Easier is not the same as trustless. Read the recovery path before you need it.
Check yourself
Is a passkey the same as a seed you alone hold?
Not always. It may be tied to a phone maker or a cloud account.
After this you can point at the recovery path and say whether a company is on it.