Vitalik Buterin Discusses Challenges in Achieving Full Account Abstraction

According to Foresight News, Ethereum co-founder Vitalik Buterin has expressed his views on account abstraction, highlighting that a complete account abstraction has not yet been achieved. He noted that without intermediaries, it is currently impossible to conduct transactions from an account without using ECDSA verification. This reliance on intermediaries can negatively impact privacy and resistance to censorship, and generally harm the right to act without permission. Buterin emphasized that if an account does not depend on intermediaries for transactions, achieving quantum security is not possible. Additionally, it would be challenging to develop a privacy protocol that does not rely on a vulnerable public broadcast ecosystem. He acknowledged that accomplishing this task involves significant challenges and expressed hope that the industry does not become more dependent on intermediaries before these issues are resolved.