Ethereum – the second largest blockchain platform in the world – is about to undergo a major overhaul of user experience (UX) through two new standards: ERC-7930 and ERC-7828.
These two standards promise to thoroughly address the long-standing issue faced by users: mistakenly sending assets between different networks due to complex and confusing address formats.
Old issues, big worries
Currently, when users send assets between networks (Ethereum, Arbitrum, Polygon...), wallet addresses often look the same, but belong to different chains. Sending assets to the “correct address but wrong chain” can cause money to get stuck or be lost permanently.
However, according to the multi-chain development team of Wonderland, $ETH a clear solution is coming soon.
Two new standards – Two smart approaches:
ERC-7930: Standardizing the format for computers, helping systems (wallets, apps, protocols) easily identify which specific address belongs to which chain..
→ Address the "technical" part for blockchain applications.ERC-7828: Turn complex wallet addresses into human-readable addresses, similar to an email, for example: [email protected].
→ More intuitive, reducing errors for end users.
These two standards combined will make cross-chain transactions simpler, clearer, and safer.
What will change for users?
The wallet interface will be more user-friendly, helping you know exactly which network the address you are sending to belongs to.
Minimize errors caused by address confusion between chains, which is the reason many people lose money unnecessarily.
Facilitate the uniform development of multi-chain applications – from wallets, blockchain explorers, to protocols for sending information and assets between chains.
When will it be applied?
These two standards are expected to be completed by May 9, after receiving final feedback from the community on the Ethereum Magicians forum.
Subsequently, major wallets and protocols will start integrating to improve user experience across the Ethereum ecosystem and compatible chains.
Contacting the crypto market:
Standardizing multi-chain wallet addresses not only makes it easier for newcomers to access the Web3 world, but also represents a strategic move to upgrade Ethereum's infrastructure, in order to compete with user-friendly blockchains such as $SOL or traditional Web2 applications.
In the long run, it could open up a new wave of integration in DeFi and NFTs, facilitating smoother cash flow between networks – which is especially important in the context of crypto aiming for mass adoption.
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