Target Groups:
Blockchain end users
Affiliation:
Eth.Dublin
Open Source and Standards:
Yes
Abstract
For Ethereum Virtual Machine (EVM) blockchains, each swap transaction requires an approval interaction and a signature interaction, sometimes with a supplementary permission interaction, too. The best web2 systems have a simple “Confirm” or “Buy Now” single interaction. This use case matches that simplicity by securely bundling transactions and presenting a single signature interaction to the user.
Main Author:
Evan McGrane
<
evanmcgranebb98@gmail.com
>
Authors:
Evan McGrane and Conor D’Arcy
Value Proposition
The use case is an improvement for current EVM compatible swap transaction process limitations, so using a DLT, specifically an EVM compatible one, is a prerequisite for the use case.
Process optimisation
The use case is an improvement for current EVM compatible swap transaction process limitations.
Automation
Effectively this use case provides an automation of the current swap transaction steps in EVM based DLTs by bundling transactions together into a single signature operation as seen in other typical systems.