The end of summer is a great time to set personal goals, to soak in the final days of sunshine and to reminisce about the summer's major events, like the promise made by Jordi Baylina, Jacques Dafflon and Thomas Shababi to introduce the ready-made ERC-777 token community standard, which is intended to replace the world's most popular token standard, the ERC-20. The promise was made by Baylina on July 20 at the DappCon forum in Berlin, where important initiatives, tools and updates related to the Ethereum blockchain are traditionally discussed. The developer stated that the ERC-777 was ready to be launched and would be made fully available in August.
However, August has now come and gone, with the development team seemingly keeping silent — or possibly preparing a surprise — around the latest attempt to create a new standard on Ethereum blockchain. While no updates related to ERC-777 have appeared on GitHub since July, a Twitter post made by Baylina last week may give us a little clue about the upcoming release. For now, let’s go back in time to better understand the background of such an initiative.
Continue Reading on Coin Telegraph
