Vitalik Buterin Champions ERC-3770 and ERC-7683 to Improve Blockchain UI
Key Insights
- Buterin advocates ERC-3770 to simplify cross-chain payments with integrated chain information.
- ERC-7683 aims to streamline cross-L2 transactions, removing intermediary trust concerns.
- Enhanced wallet integration and better dApp interfaces are key for wider blockchain adoption.
Vitalik Buterin, co-founder of Ethereum, has called to adopt two Ethereum Improvement Proposals (EIPs), ERC-3770 and ERC-7683, to enhance blockchain usability. Buterin’s remarks came during a detailed discussion about the necessity for streamlined cross-chain transactions and improved user interfaces in decentralized applications (dApps).
Addressing Cross-Chain Transaction Challenges
In his commentary, Buterin emphasized the current difficulties users face in making payments across different Layer 2 (L2) networks and utilizing dApps on one network with assets held on another. According to Buterin, these challenges are more about user experience rather than technical complexity.
Buterin proposed three main solutions to address these usability issues. The adoption of ERC-3770 is one of these solutions. This EIP would integrate chain information into addresses, creating a comprehensive identifier that simplifies cross-chain payments. “The main challenge with the 32-byte thing is contract level (lots of contracts use mod 2**160 to handle addresses). ERC-3770 is UI level. I view the two as orthogonal to each other,” Buterin explained. This proposal aims to enhance the user interface without altering the underlying contract mechanisms.
Another proposed solution is the implementation of ERC-7683, a cross-L2 exchange protocol. This protocol would enable programmatic cross-chain sending without concerns about intermediary trust or API connections, thus simplifying the process for users. Additionally, Buterin suggested improved wallet integration to make cross-L2 transactions as straightforward as regular sends.
Critique of Polymarket’s User Interface
To illustrate the current shortcomings in blockchain user interfaces, Buterin used Polymarket as an example. He demonstrated the existing interface for depositing to Polymarket and compared it to an ideal version that would provide a more seamless user experience. This comparison highlighted the need for better-designed interfaces within the blockchain ecosystem.
Buterin’s critique underscores the broader issues facing decentralized applications, where complex and unintuitive interfaces can hinder mainstream adoption. By advocating for the adoption of ERC-3770 and ERC-7683, Buterin aims to push the industry towards more user-friendly solutions that could potentially attract a broader audience.
Focus on User Experience and Technical Distinctions
Buterin made a clear distinction between user experience improvements and technical advancements. While technical issues can enhance efficiency, Buterin argued that significant improvements in user experience could be achieved independently of these advancements. He stated that addressing user experience issues could lead to “multiple orders of magnitude of untapped benefits” within the blockchain ecosystem.
This perspective aligns with the broader movement within the crypto community to make blockchain technology more accessible and user-friendly. By focusing on user experience, developers and stakeholders can help lower the barriers to entry for new users, fostering greater adoption and utilization of decentralized technologies.
Privacy Concerns and Recent EU Developments
In addition to his focus on usability, Buterin also addressed recent developments in digital privacy. He praised the European Union’s decision to reject the “Chat Control 2.0” proposal, which aimed to scan private messages on encrypted platforms for potential child abuse material. Privacy advocates had strongly opposed this proposal, arguing it would compromise user privacy and the integrity of encryption.
While Buterin celebrated the EU’s decision as a victory for privacy, he warned that it might signify the beginning of more challenging times for privacy preservation. He suggested that similar legislation, which could threaten digital privacy, might continue to emerge.
This discussion on privacy occurs alongside broader debates on cryptocurrency regulations within the EU. As governments grapple with balancing security efforts and privacy rights, the implications for the blockchain and cryptocurrency landscape remain a critical area of focus.
Editorial credit: Muhammad Alimaki / Shutterstock.com
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