🚨 Ethereum's Pectra upgrade (EIP-7702) is live — a major leap forward, but new functionality brings new risks. Here’s what users, wallet providers, developers, and exchanges should watch out for: 🧠 🛡️ For Users: ✅Private key protection should always be a priority. ✅Be aware that the same contract address on different chains may not always have the same contract code. ✅Understand the details of the delegated target before proceeding. 🔍 For Wallet providers: ✅Check if the chain of the delegation matches the current network. ✅Warn users about the risks of delegations signed with a chainID of 0 that could be replayed across different chains. ✅Display the target contract when users sign delegations to reduce the risk of phishing attacks. 🧑‍💻 For Developers: ✅Ensure permission checks are performed during wallet initialization (e.g., via ecrecover to verify the signing address). ✅Follow the Namespace Formula proposed in ERC-7201 to mitigate storage conflicts. ✅Don't assume that tx.origin will always be an EOA, using msg.sender == tx.origin as a defense against reentrancy attacks will no longer be effective. ✅Ensure that the target contract for the user’s delegation implements the necessary callback functions to ensure compatibility with mainstream tokens. 🏦 For CEXs: ✅Run trace checks on deposits to mitigate the risk of fake deposits from smart contracts. 📚 Full best practices & in-depth analysis: https://t.co/IvphpT07rA