🚀 Uniswap Labs and Across Protocol Introduce ERC-7683, a New Standard for Cross-Chain Transactions! 🎉
- ERC-7683 Creates a Framework for Cross-Chain Intentions, Improving Interactions Between Decentralized Networks.
- Vitalik Buterin Backs, Describes ERC-7683 as “An Open Standard for Cross-Chain Orders.”
- Details: ERC-7683 transactions put coins in a secure “lockbox” that can only be retrieved by the sender on another blockchain.
- The new standard includes CrossChainOrder tokens and the ISettlementContract smart contract interface to optimize performance.
💬 What do you think of ERC-7683? Comment below!
#Crypto#Blockchain#BTC#Uniswap#VitalikButerin#ERC7683