Just like your personal or business account in a financial institute, an EOA is associated with an external entity as an owner who has an interest in the account or has ownership of the underlying cryptoassets. Every EOA has a pair of cryptographic keys. It is controlled by the owner's private key. The owner uses its private key to digitally sign all transactions so that the EVM can securely validate the identity of the senders. In the world state, the account is linked to a public address, which is generated based on the owner's public key. We will talk about the address in detail in the Address and wallet section, as part of the discussion about the Ethereum wallet.
The following diagram shows the structure of ...
