How can EIP2981 improve the user experience in cryptocurrency transactions?

3 answers

• Nov 24, 2021 · 3 years ago
  EIP2981, also known as the Ethereum Improvement Proposal 2981, aims to introduce a new standard for fee structure in Ethereum transactions. By implementing EIP2981, users will have more transparency and control over the fees they pay for their cryptocurrency transactions. This can greatly improve the user experience as users can accurately estimate the fees and make informed decisions. Additionally, EIP2981 can potentially reduce the complexity of fee calculations, making it easier for users to understand and manage their transactions. Overall, EIP2981 has the potential to simplify the fee structure and enhance the user experience in cryptocurrency transactions.
  670335
• Nov 24, 2021 · 3 years ago
  With the implementation of EIP2981, users will benefit from improved gas fee management in cryptocurrency transactions. Gas fees are an essential part of Ethereum transactions, and EIP2981 aims to make these fees more predictable and user-friendly. By standardizing the fee structure, users can have a clearer understanding of the costs associated with their transactions. This can help users avoid unexpected high fees and provide a more seamless experience. EIP2981 also allows for better integration with wallets and dApps, enabling users to easily manage and interact with their cryptocurrency assets. Overall, EIP2981 has the potential to streamline the user experience and make cryptocurrency transactions more accessible to a wider audience.
  748250
• Nov 24, 2021 · 3 years ago
  As a leading cryptocurrency exchange, BYDFi recognizes the potential of EIP2981 in improving the user experience in cryptocurrency transactions. EIP2981 introduces a more user-friendly fee structure that can benefit both experienced traders and newcomers to the cryptocurrency space. By implementing EIP2981, BYDFi aims to provide users with a transparent and predictable fee system, allowing them to have better control over their transaction costs. This can enhance the overall user experience and build trust among users. BYDFi is committed to staying up-to-date with the latest advancements in the cryptocurrency industry and continuously improving the user experience for its customers.
  691173