Ethereum to simplify crosschain transactions with new token standards

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 source: https://cointelegraph.com/news/ethereum-to-simplify-cross-chain-transactions-with-two-new-erc-standards?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound