Ethereum to simplify crosschain transactions with new token standards

Quick Summary:

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.

ERC-7828 expands that standard “by adding a human-readable layer, using formats like address@chain, ensuring everything stays clear and simple for users.” Together, the two are designed to enhance the experience of using Ethereum’s inter-blockchain ecosystem.“Target audience for ERC-7828 is anything that interacts with humans… It’s the text layer,” Teddy said during the call.

He added:“We badly need feedback on the ETH-Magicians forum.”Related: Vitalik Buterin’s vision for Ethereum: Pectra, Glamsterdam and beyondSomething for people, something for botsWonderland explained that “ERC-7930 defines a compact, binary format for interoperable addresses.” This format is machine-friendly and optimized for protocols that require a single representation for all blockchains.

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Article Details

Author / Journalist: Cointelegraph by Adrian Zmudzinski

Category: Crypto

Markets: United States

Topics: Ecosystem Wonderland Protocols Blockchain Erc-7930 Address Post Format Organization Erc-7828 Ethereum

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 15:06:56 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28310175

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