Ethereum advances with EIP-8141, while Coinbase-supported Base opts for EIP-8130, resulting in differing transaction protocols for wallets and applications across both networks.
By Shaurya Malwa|Edited by Sheldon Reback52 min ago2 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on Ethereum and Base have decided against a unified wallet standard after extensive negotiations. (Aleksandrs Karevs/Unsplash)SummaryShow- Ethereum and Base concluded their initiative to create a unified standard for next-gen crypto wallets, as the compromise would compromise their respective network goals.
- This decision may require wallets and applications that operate across both networks to accommodate two distinct standards.
- Ethereum’s EIP-8141 focuses on privacy, security, and resistance to censorship, while Base’s EIP-8130 prioritizes flexibility for high-traffic applications and regulatory compliance.
Ethereum and Base, backed by Coinbase, have called off their efforts to establish a shared standard for the next generation of cryptocurrency wallets, with developers from both sides determining that a compromise would hinder their individual network objectives.
The initial aim was to enhance the functionality of crypto wallets, enabling features like logging in with passkeys, diverse account recovery methods, allowing applications to cover transaction fees, and consolidating multiple blockchain activities into a single transaction. This would eliminate the necessity for holding ETH solely for transaction fees.
Disagreements arose due to the differing priorities of the two blockchains, leading to months of discussions that ultimately failed to yield a unified design. Consequently, developers creating wallets compatible with both networks may now face the challenge of implementing two separate transaction approval methods.
“Ethereum aimed to be the optimal version of Ethereum, while Base sought to be the best version of Base. Although both recognized the importance of interoperability, it ultimately took a backseat to the need for each chain to achieve its fundamental objectives,” remarked Derek Chiang, a developer from Ethlabs involved in the discussions, on X.
Chiang noted that the collaboration efforts collapsed last week.
Ethereum is currently progressing with EIP-8141, known as Frame Transactions. Meanwhile, Base has proposed a competing standard, EIP-8130. Both proposals seek to redefine transaction approval processes and payment responsibilities.
Ethereum’s approach aims to maintain privacy, security, and resistance to censorship as wallets evolve to become more programmable. The proposal also intends to facilitate a transition away from the current cryptographic methods used by Ethereum wallets if quantum computing renders them obsolete.
Conversely, Base seeks to enhance transaction efficiency for various applications, especially those with compliance demands.
Chiang expressed that attempts to establish a common standard would ultimately require one side to relinquish features it deemed essential.
Ethereum and Base have opted out of a unified wallet standard after extensive negotiations. (Shaurya Malwa/CoinDesk)Ethereum is advancing Frame Transactions towards Hegotá, its upcoming upgrade following Glamsterdam, scheduled for later this year. The Ethereum Foundation recently prioritized EIP-8141 among the features that must be included in Hegotá.
This prioritization does not guarantee implementation, as EIP-8141 remains under development and is not yet active on Ethereum.
Read More: Ethereum commits to allowing users to pay gas fees without requiring ETH
Meanwhile, Base is proceeding with EIP-8130, which is available for testing on its Vibenet development network and is scheduled for implementation in the Cobalt upgrade, with testnet and mainnet launches planned for September.
The original intention for Ethereum-based networks to adopt a unified set of wallet protocols has now been deemed less beneficial than the individual goals of each network.
Read More: Coinbase’s Base to concentrate on tokenized markets, stablecoins, and developers this year
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The Definitive Stablecoin Landscape Series: Asia Pacific
The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins transition into regulated finance, the Asia-Pacific region is emerging as a crucial testing ground. This report outlines the regulations, use cases, and the role of RLUSD.
By CoinDesk Research11 hours agoCommissioned byRippleAs stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins transition into regulated finance, the Asia-Pacific region is becoming a significant proving ground. This report outlines the region's regulations, use cases, and the role of RLUSD.
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