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# EIP 7702
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- This Workspace template presents EIP-7701 , one of the updates that shipped with the Pectra upgrade (May 2025).
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+ This Workspace template presents EIP-7702 , one of the updates that shipped with the Pectra upgrade (May 2025).
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### Basics
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In the Ethereum blockchain there are two different types of accounts:
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- - Externally Owned Account (EOA): which require a private key and can initiate transactions
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+ - Externally Owned Account (EOA): which requires a private key and can initiate transactions
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- Smart Contract Account: which represents code deployed on the blockchain
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Until now EOAs could not have code associated with them.
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Executing the batched transaction:
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- Go to the the deployed token's ** balanceOf** function.
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- Input the first and then the second account to check that each address' token balance has been updated.
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- - The is possible because of the 7702 connection between the contract and the first EOA address.
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+ - This is possible because of the 7702 connection between the contract and the first EOA address.
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