Category: News, NFT News

L2s Finalise New Rollup Standard Bolstering Compatibility With Mainstream Tech

Layer 2 TVL tags new all-time high despite throughput sliding.

Prominent Ethereum Layer 2 teams are readying to embrace a new standard for rollups that could improve L2 interoperability with mainstream tech.

On Feb. 10, Scroll announced the finalization of the first Rollup Improvement Proposal, RIP-7212.

The new standard supports precompiling for the secp256r1 curve, which is used broadly across the internet. The new standard is designed to improve the compatibility of smart contract execution with existing hardware and software vendors, including Apple and Android. For example, the standard could facilitate transaction signing via biometric authentication on mobile devices.

“All of tech uses [secp256r1], so having a precompile for it would allow things like storing keys in iPhone secure enclaves,” tweeted Tim Beiko of the Ethereum Protocol Guild.