According to Odaily, Ethereum's core development team is nearing the completion of two crucial standards aimed at addressing the challenges of address recognition in cross-chain interactions. The ERC-7828 and ERC-7930 standards are expected to be finalized on May 9, with the final community feedback currently being gathered on the Ethereum Magicians forum.
The ERC-7930 standard will introduce a unified network identification format, while the ERC-7828 standard focuses on converting complex cryptographic addresses into a more recognizable 'name@service' format. This improvement is anticipated to significantly reduce the risk of asset loss due to incorrect network selection by users.
Additionally, the Ethereum Pectra upgrade is scheduled to be deployed on the mainnet on May 7. Originally planned for release in March 2025, the upgrade was delayed due to technical issues on the Holesky testnet. The development team has reported stable performance on the Hoodi testnet.
