Uniswap Labs and Across Protocol have teamed up to propose ERC-7683, a standard for cross-chain trade execution. The goal of this initiative, as outlined in a recent post by Uniswap Labs, is to establish a unified framework for cross-chain intents and enhance interoperability among decentralized networks. The proposal is now available for public review on the Ethereum Magicians forum, aiming to provide a structure that various decentralized platforms can adopt to enhance user experience and trade efficiency. Ethereum co-founder Vitalik Buterin has voiced his support for ERC-7683, calling it an open standard for executing cross-chain orders. The standard incorporates features like batching and Merkle proving to streamline cross-chain transactions. Additionally, ERC-7683 introduces the CrossChainOrder struct code to simplify order management and includes a standard smart contract interface, ISettlementContract, to further enhance cross-chain efficiency. Read more AI-generated news on: https://app.chaingpt.org/news