The Account Factory is a contract that allows you to create and manage Abstract Accounts, which can be interacted with via the contract or the Account Console.
To recap from that chapter, an Abstract Account is composed of a Manager and a Proxy contract. Those contracts will be created for you by the Account Factory using the latest versions of these contracts, which are store on the Version Control contract.
When a developer requests the creation of an account, the following internal process is initiated:
sequenceDiagram autonumber actor U as User participant F as Account Factory participant VC as Version Control participant M as New Manager participant P as New Proxy U ->> F: CreateAccount F -->>+ VC: Query for Manager reference VC -->>- F: Manager code_id F-x+M: Instantiate Manager Note over VC: Reply M-->>-F: Manager Address F->F: Store manager address F-->>+VC: Query for Proxy reference VC-->>-F: Proxy code_id F-x+P: Instantiate Proxy Note over VC: Reply P-->>-F: Proxy Address F->>VC: Register Account F->>M: Register proxy address F->>P: Allowlist Manager address F->>P: Set owner to Manager F->>M: Set migrate admin to Self
If you want to see in details how this is accomplished, please refer to our Github repository.