Ethereum

Optimism

Coin

<ul class="wp-block-list news-points">
 <li>Vitalik Buterin supports cross-chain cooperation in Ethereum, particularly for Layer 2 (L2) networks.</li>
 <li>Optimism introduces the ICrosschainERC20 interface for better interoperability between L2s.</li>
 <li>Buterin emphasizes the need for wallet-level standardization and native interoperability for rare ERC20s and NFTs.</li>
</ul>
Ethereum co-founder Vitalik Buterin weighed in on an ongoing discussion about cross-chain compatibility in the Ethereum ecosystem. His comments came in response to a new technical update shared on Optimism’s GitHub, which introduced the ICrosschainERC20 interface, designed to enable better interoperability between different Layer 2 (L2) networks.
This update aimed to improve the user experience by enabling neutral minting and burning functions thereby simplifying asset transfers between L2s. The development is part of a broader effort to unify Ethereum infrastructure across various chains.
Buterin expressed optimism about the level of cooperation within the Ethereum community, stating, “I think people are sleeping on just how much Ethereum infrastructure players really are willing to cooperate and build a unified Ethereum ecosystem.”
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Seen on <a href="https://twitter.com/Optimism?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Opti…</a>
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/vitalik-buterin-backs-cross-chain-collaboration-amid-optimisms-latest-update/" rel="noopener noreferrer nofollow">Vitalik Buterin Backs Cross-Chain Collaboration Amid Optimism’s Latest Update</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Vitalik Buterin Backs Cross-Chain Collaboration Amid Optimism’s Latest Update

Coin Edition

Other articles published on Oct 5, 2024

What makes the US stock market so unbreakable?

Crypto Wallets for Beginners: A Guide to Digital Asset Storage

Popcat ($POPCAT) Price Jumps 21% to $1.24 in 24 Hours

Pi Network’s $15B Funding: What’s Really Going On?

Will Pepe Coin Price Rally 50% in October? Expert Weighs In

TRON Whale Bets Big on This Chainlink Alternative Poised for 2000% Returns by Q4 2024

Join our free newsletter for daily crypto updates!