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ERC-7828 expands that standard "by adding a human-readable layer, using formats like address@chain, ensuring that everything remains clear and simple for users." Together, both are designed to enhance the user experience of the Ethereum inter-blockchain ecosystem.

"The target audience of ERC-7828 is anything that interacts with humans... It is the text layer," Teddy said during the call.

Many chains, one address

In short, the proposed system would allow the sender to specify the target blockchain when sending a payment address. This would include both a human-readable address@chain format and a machine-readable format for application programming interfaces.

The setup prevents users from sending or receiving assets on the wrong blockchain, which helps to prevent cryptocurrency losses. Currently, the same address can be used on multiple blockchains within the Ethereum ecosystem, which can lead to confusion.

With the new setup, the wallet operation can be independent of the blockchain, and the address entered in the user interface will also determine which blockchain the transaction is directed to. This, in turn, would reduce friction, as currently users have to switch networks in the wallet settings to move from one chain to another.