Difference between revisions of "ERC2612"
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wiki_crypto>Zeb.dyor (Created page with "* Permit extension for ERC20 * [https://github.com/ethereum/EIPs/blob/8a34d644aacf0f9f8f00815307fd7dd5da07655f/EIPS/eip-2612.md From] the Github (25-4-2020): ''"A func...") |
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Revision as of 08:50, 23 January 2022
"A function permit extending ERC-20 which allows for approvals to be made via secp256k1 signatures. This kind of "account abstraction for ERC-20" brings about two main benefits:
- transactions involving ERC-20 operations can be paid using the token itself rather than ETH,
- approve and pull operations can happen in a single transaction instead of two consecutive transactions,
while adding as little as possible over the existing ERC-20 standard."
