Ethereum

Across Protocol

Future

Better

2024

<h4><strong>Thanks to <a href="https://www.erc7683.org/" target="_blank" rel="noopener noreferrer nofollow">ERC-7683</a>, a new standard created by Across and Uniswap, Ethereum is leveling up with cross-chain interoperability. </strong></h4>
<p>But what does that mean for you? Let’s discover more about the ERC-7683 standard and what it means for Ethereum.</p>
<h5><strong>What is ERC-7683?</strong></h5>
<p>ERC-7683 is like a universal language for blockchains. It creates a framework for “intents-based systems,” which is a fancy way of saying it helps people and apps do things—like swapping tokens—across different blockchains. Think of it as a super-smooth bridge that connects Ethereum to other chains, making everything work together better.</p>
<p>For everyday users, ERC-7683 means fewer headaches and more options. Here’s how:</p>
<ul>
 <li><strong>Easier Cross-Chain Swaps:</strong> Say goodbye to jumping through hoops to trade tokens between blockchains. ERC-7683 makes swaps as easy as pie.</li>
 <li><strong>Better Prices &amp; Faster Trades:</strong> You’ll get the best bang for your buck, with trades happening quicker than ever.</li>
 <li><strong>More Choices:</strong> Want to use tokens on different chains? Now you can, with more tools and options at your fingertips.</li>
</ul>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">ERC-7683 will unify Ethereum with crosschain interoperability <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26fa.png" alt="⛺" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>
 <p>Created by Across &amp; <a href="https://twitter.com/Uniswap?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Uniswap</a>, it provides a unified framework for intents-based systems to specify crosschain actions.</p>
 <p>Why should users and devs care??</p>
 <p><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26fa.png" alt="⛺" class="wp-smiley" style="height: 1em; max-height: 1em;"> For users, ERC-7683 means:<br> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2611.png" alt="☑" class="wp-smiley" style="height: 1em; max-height: 1em;"> Easier crosschain swaps<br> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2611.png" alt="☑" class="wp-smiley" style="height: 1em; max-height: 1em;">… <a href="https://t.co/l80rRpfPqW" rel="noopener noreferrer nofollow">pic.twitter.com/l80rRpfPqW</a></p>
 <p>— Across Protocol <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26fa.png" alt="⛺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@AcrossProtocol) <a href="https://twitter.com/AcrossProtocol/status/1849512079599731134?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 24, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>In short, ERC-7683 simplifies your crypto experience so you can focus on what matters—getting things done.</p>
<h5><strong>Why Should Developers and Projects Care?</strong></h5>
<p>For developers and blockchain projects, ERC-7683 is like striking gold. Adopting this standard opens up a treasure chest of possibilities:</p>
<ul>
 <li><strong>Shared Liquidity Networks:</strong> Imagine having access to a pool of resources across multiple chains. It’s like having a big toolbox to build bigger, better apps.</li>
 <li><strong>Attract More Users:</strong> A smooth user experience (UX) is key to keeping people happy. ERC-7683 makes apps more seamless, pulling in more users like bees to honey.</li>
 <li><strong>Custom Features:</strong> Developers can fine-tune key aspects like pricing and settlement to fit their needs.</li>
</ul>
<p>It’s a win-win for both users and developers—more efficiency, better performance, and happier communities. Many protocols use this standard. Here is an example:</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">The internet of value can’t run on a single chain<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26fa.png" alt="⛺" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>
 <p>We are excited to announce <a href="https://twitter.com/alt_layer?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@alt_layer</a> is now supporting ERC-7683 for seamless crosschain intents.</p>
 <p>This isn’t just progress—it’s a leap towards the future of Ethereum scaling.<a href="https://t.co/AK5GJWXPYT" rel="noopener noreferrer nofollow">https://t.co/AK5GJWXPYT</a></p>
 <p>— Across Protocol <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26fa.png" alt="⛺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@AcrossProtocol) <a href="https://twitter.com/AcrossProtocol/status/1849515724337041704?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 24, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h5><strong>The Big Picture</strong></h5>
<p>ERC-7683 is a game-changer because it makes Ethereum even more connected to the broader blockchain world. With this new standard, users, and developers get more tools, faster trades, and smoother experiences.</p>
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<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/erc-7683-bridging-ethereum-to-a-cross-chain-future/" rel="noopener noreferrer nofollow">ERC-7683: Bridging Ethereum to a Cross-Chain Future</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

ERC-7683: Bridging Ethereum to a Cross-Chain Future

Altcoin Buzz

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