Vitalik Buterin Discusses ERC20 and NFT Interoperability Challenges

10/5/2024 7:09:21 AM

According to VitalikButerin, for widely-used ERC20 tokens, liquidity provider-based solutions are currently adequate. However, standardization is necessary at the wallet level, particularly concerning chain-specific addresses and payment requests. For less common ERC20 tokens and NFTs, there is a future need for rapid native interoperability to facilitate seamless transactions. (Source)

NFT Vitalik Buterin interoperability ERC20 wallet standardization

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