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Ethereum to simplify crosschain transactions with new token standards

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 13 Views

Ethereum devs propose ERC-7930 and ERC-7828 to unify crosschain address formats and improve multichain UX.

Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828.

“There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps), block explorers and smart contracts follow different rules.

“The result? A messy, inconsistent experience that breaks cross-chain UX,“ Wonderland stated.

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