GlossaryAdvanced

Smart Account

A wallet controlled by programmable smart contract logic rather than a single private key, enabling features standard wallets can't offer.

A smart account is a wallet controlled by programmable smart contract logic rather than a single private key, the practical implementation of account abstraction (see Kaavon's "Account Abstraction" glossary definition).

Because its behavior is defined by code rather than a single fixed signature scheme, a smart account can support features a standard wallet can't — such as social recovery, spending limits, batched transactions, or having a third party sponsor its transaction fees via a paymaster (see Kaavon's "Paymaster" glossary definition). See Kaavon's "Understanding Account Abstraction Wallets" guide for the fuller picture.

Examples

A smart account can be programmed to require multiple approvals for a large transaction while allowing smaller ones through with a single signature.
Features like social recovery and sponsored transaction fees are possible with a smart account specifically because its logic is programmable, unlike a standard single-key wallet.