According to Foresight News, crypto data startup Shadow has initiated the ERC-7571 proposal to standardize the designation, discovery, and acquisition of shadow events in Ethereum smart contracts. The aim is to serve as a standardized syntax for shadow events, making it easier for any off-chain developer tools or infrastructure to specify, discover, and acquire them.
Shadow events, as explained by Foresight News, are additional logs in contract code that enable more in-depth off-chain data coverage. By standardizing the process, the ERC-7571 proposal aims to improve the overall functionality and accessibility of Ethereum smart contracts for developers and users alike.
