July 1, 2021, 6:29AM EDT
• 4 min read

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

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.

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here