EIP-3074: Improved Ethereum UX (post EIP-1559) PlatoBlockchain Data Intelligence. Vertical Search. Ai.

EIP-3074: Improved Ethereum UX (post EIP-1559)

July 1, 2021, 6:29AM EDT

• 4 min read

EIP-3074: Improved Ethereum UX (post EIP-1559) PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Quick Take

  • EIP-3074 is an improvement proposal designed to improve the UX of Ethereum applications. It is a candidate for the Shanghai hard fork (slated for October 2021).
  • User experience is improved in EIP-3074 by enabling smart contracts to perform actions on behalf of users — such as paying gas fees for them.
  • As a result, users don’t have to hold ETH in their wallets to interact with Ethereum applications. Another benefit is decreasing transaction costs by batching.

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Source: https://www.theblockresearch.com/eip-3074-improved-ethereum-ux-post-eip-1559-109295?utm_source=rss&utm_medium=rss

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