Ethereum Developers launched a new initiative to simplify cross -chain transactions



A group of main developers and leaders of Ethereum launched a new framework on Wednesday that would simplify and standardize cross -chain tokens transfers.

The initiative, called Framework Open Atants (OIF), was initiated by taxpayers of the Ethereum Foundation and has the support of 25 projects, including equipment that builds layer 2 such as arbitrum, optimism, zksync and scroll, according to a shared press release With Coendesk.

The objective of the initiative is to bring “attempts” to all corners of the Ethereum ecosystem, which is a technological characteristic that allows a blockchain user to achieve a specific objective by asking an intermediary to meet that goal (such as a trade or transaction they want to do.)

There are some standards that are already trying to facilitate cross -chain transactions using attempts. ERC-7683, which was introduced by the team behind the Uniswap decentralized exchange and the protocol through the protocol, is one of those standards that circulate the Ethereum space lately, and it is supposed to address fragmentation and allows more chains in the ecosystem of Ethereum to interoperate.

But the OIF team states that they will be based on that standard through its frame, which allows attempts to work on a scale. “By offering a shared coordination of infrastructure and execution, OIF makes transactions based on intention not allowed, efficient and accessible to all projects,” said the press release.

“As Ethereum’s ecosystem becomes more and more multiple, intentions help expedite the fragmented experiences of users by allowing almost instantaneous cross -chain transactions through specialized solutions. However, the integration of intentions remains complex and intensive in resources, which makes a framework of open intentions standardize infrastructure, reduce barriers to adoption and promote broader collaboration throughout the ecosystem, “the team shared with COINDEESK.

Read more: ‘Attempts’ are Blockchain’s great fashion word. What are the risks?



Leave a Comment

Your email address will not be published. Required fields are marked *