Ethereum (ETH) Developer Group Announces Framework to Simplify Cross-chain Token Transfers
JH Kim
Summary
- The Ethereum developer group announced a new framework OIF that simplifies cross-chain token transfers.
- The framework aims to improve cross-chain interoperability and enhance user experience.
- The framework is supported by 25 projects, indicating high potential for adoption.
According to the cryptocurrency media CoinDesk on the 19th (local time), a group of Ethereum (ETH) developers and leaders announced a new framework called OIF (Open Intents Framework)* that simplifies and standardizes cross-chain token transfers.
This is a modular open framework designed to improve cross-chain interoperability, streamline the cross-chain intent transfer process, and enhance cross-chain user experience.
Meanwhile, initiated by Ethereum Foundation contributors, it is supported by 25 projects including Arbitrum, Optimism, ZKsync, and Scroll.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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