Innovation With Ethereum

Ethereum Innovation
As much criticism as Ethereum receives for its development, I have to admit that it's one of the few, if not the only, platforms that have truly contributed to the advancement of cryptocurrency. Since Ethereum was the first blockchain to truly make these things a reality, it is likely that there wouldn't be Defi, NFTs, crypto games, and other things without it.
Problems With Crypto
As adoption rises, so do frauds, trackers, and outright bad actors who just care about collecting your cryptocurrency without providing a useful service or project, or who simply con you into giving them your keys, etc.

While many may argue that it's your fault, this is obviously not the best path to adoption and practical application. Undoubtedly, the fact that cryptography is public and that once it is sent, it is communicated forever makes it powerful.
Ethereum is now attempting to address that issue in order to facilitate widespread adoption while attempting to stop the rampant scammers from getting away with it. Blockchains certainly have the capacity to change things and become self-governing or created in a way that protects its users, and the SEC is obviously of little use in this regard.
Simple errors represent the other scenario. You either copied the address incorrectly or copied the incorrect one before and pasted it thinking you had copied the correct one. It occurs, and it can be a very costly lesson to learn the hard way. Due to my prior error, I now double- and triple-check all of my transactions. I'm confident that many people will do the same, but should they have to pay the same price as I did to learn a difficult lesson, or can blockchain and cryptocurrency be better?
Ethereum News
Account Abstraction (AA), a potential update to Ethereum, employs smart contracts to carry out cryptocurrency transactions. Having a clear knowledge of the transaction that is taking place and the rulesets within it is the aim of this. This should make Ethereum a go-to option for tasks like automatic payments, invoices, and other obligations, much like a traditional bank account. However, aids in reducing the dangers of unintentional transactions.
This is accomplished by enabling the creation of user accounts, which include secure checkpoints for transaction verification.

Smart contracts could be used to implement verification, such as wallet user signatures, as opposed to only being used for apps' logic.

The most likely update to Ethereum at the moment would be EIP-4337, mostly because it would avoid the dreaded hard fork that blockchains detest. On this front, StarkWare and StarkNet blockchain, which are layer 2s of Ethereum, are two firms to keep an eye on. With regular use rather than hold and let no one know about it mentality, this might start to help move cryptocurrency into the mainstream.