Ethereum Upgrade May Reduce Crypto Losses

Developers are working to make Ethereum's blockchain more user-friendly.

Simple mistakes are costly in crypto. For instance, losing crypto account keys could mean losing crypto holdings forever.

Crypto is much more likely to lose money than traditional banking due to this and other risks.

Blockchain developers realise that human error is inevitable, making it hard to mainstream crypto.

Account Abstraction (AA) creates validity rules for smart contracts to conduct crypto transactions.

Users won't need to sign every transaction using their private keys with AA.

Developers want AA to make Ethereum as useable as a fiat bank account.