Peter Chang
21 November 2024 at 17:15
Learn how intent-based applications can overcome Ethereum's hashing challenges, with a focus on composability and a unified ecosystem through standards like ERC-7683 and low-latency networking.
Intent-based applications are poised to transform how users interact with the Ethereum blockchain. However, these applications run the risk of creating fragmented “walled gardens,” where each operates separately. according to Self-class research,The shift towards interconnected “invisible gardens” is ,essential to maximize the potential of these applications.
Fragmentation problem
Intent-based apps, such as CoW Swap, UniswapX, and others, inherently offer a user-centric, platform-agnostic approach. However, the infrastructure supporting these intents often remains application-specific, leading to fragmentation. This is particularly evident in how CoW Swap manages its central order book, which, while functional, represents a potential point of failure or oversight.
Standard intent stack
To overcome these challenges, a modular intent package consisting of three components is proposed: representation, dissemination, and selection. This package aims to drive intent from user wallet to implementation, ensuring seamless integration across applications.
ERC-7683 and cross-chain intent
ERC-7683, a proposed cross-chain intent standard by Across and Uniswap Labs, provides a unified approach to sharing intents. By establishing common requirements for cross-chain intent, this standard facilitates seamless integration of solution solutions across platforms, enhancing the resiliency and competitiveness of the solution network.
IntentPool and decentralized networks
Moving beyond centralized databases, the Intpool concept involves using low-latency data availability networks such as EigenDA to store and disseminate targets. This approach ensures censorship resistance and fast access, which is crucial for the decentralized execution of intents.
Infrastructure solution: AVS auction
To fully realize intent-based decentralized applications, a fair and transparent method for choosing solutions is essential. Auction AVS provides a censorship-resistant mechanism for conducting auctions, ensuring that the best bid is selected without central oversight.
Through these innovative solutions, the Ethereum ecosystem can move from fragmented applications to a unified, interoperable network, unlocking the full potential of intent-based interactions.
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