Yesterday
Mirjan Hipolito
Cryptocurrency and stock expert
Yesterday

Hayden Adams underscores Uniswap impact on EIP7702 transactions

Hayden Adams underscores Uniswap impact on EIP7702 transactions @haydenzadams: Adams on Uniswap's EIP7702 role

Hayden Adams, founder of Uniswap, reveals the company's proactive adaptation to Ethereum's latest upgrades.

According to Adams, Uniswap's open source smart wallet is responsible for initiating 80 percent of all EIP7702 transactions. Additionally, he reported that 90 percent of these transactions are interacting with Uniswap's Universal Router contract. This dominance showcases Uniswap's significant role in facilitating and driving innovation in the cryptocurrency space.

EIP7702, an Ethereum Improvement Proposal, is set to enhance Ethereum's transaction handling. As the two-month countdown to its implementation begins, Uniswap positions itself at the forefront of this technological shift. Adams' statement highlights the wholescale integration of these upgrades into Uniswap's infrastructure, positioning the company as a pivotal player in Ethereum's evolution.

Uniswap’s central position in Ethereum’s ongoing evolution reinforces the argument that trading is not merely speculative, but a cornerstone of modern economic systems—a perspective previously illuminated in the examination of the fundamental role trading plays in global society.

In the previous news, tweet author Hayden Adams discussed the criticisms faced by cryptocurrency trading as speculation.

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