Recently, Ethereum co-founder Vitalik Buterin highlighted the fact that developers are deeply focused on promoting cross-chain compatibility and highlighted collaborative efforts within the Ethereum ecosystem. Buterin’s comments came in the wake of a new proposal for the ICrosschainERC20 interface posted on Optimism’s GitHub page to facilitate communication between the Ethereum Layer 2 (L2) networks.
In a tweet shared on October 5, 2024, Buterin drew attention to the possibility of a new proposal on the Optimism platform aimed at introducing a redesigned SuperchainERC20 interface. This upgrade focuses on migrating key features of the SuperchainERC20 standard to a more cross-chain friendly format, according to a pull request titled “feat: Redesign of superchainERC20 Introducing ICrosschainERC20 #12321.”
Source:X
Buterin believes the broader Ethereum community may have overlooked the extent to which Ethereum infrastructure stakeholders are willing to work together for the greater good of the ecosystem.
“I think people are still sleeping on how much the Ethereum infrastructure players are actually going to work together to build a unified Ethereum ecosystem.”
Vitalik Buterin
The main features of this new interface, ICCrosschainERC20, are to enable seamless minting and writing of ERC20 tokens across different Layer 2 solutions, making the process cross-chain neutral and extensible to other L2 platforms. is.
The proposed changes are designed to improve the existing sendERC20 and relayERC20 functionality, which is essential to being able to transfer tokens between different L2s. By adopting this new standard, Ethereum developers can increase liquidity between L2 solutions, reduce fragmentation, and enable decentralized applications (dApps) and users to freely move assets between platforms. That’s what I’m aiming for.
The proposal is now open for discussion on Optimism GitHub, and developers and interested parties are encouraged to contribute.
Also read: Vitalik Buterin at Token 2049: Cryptocurrency is no longer in its infancy
