Protocol Public Forum 2022-10-05 - ERC20x

[hellwolf]

Goals

Intrinsic:

• Raise awareness of the "semantic money" technology.
• Super token TCI should be based on an external visible standards (draft or accepted) before we finalize it.
• Better tooling support of Super tokens.

Extrinsic:

• Resume the token standard betterment as a Ethereum community effort:
  • Modular design for adding more features without sweating,
  • Better security foundation.

Strategies

• Ethereum magician as a starting point instead?
  • Is there a play book?
• Internal joint proposal for new EIPs
• Submit to ethereum/EIPs / ethereum magician?
• Call for participation in public protocol forum going forward.
• what about ethresearch?

What

• dubbed "ERC20x" series

• It is ERC20 compatible with feature set that has introspections (EIP-165, EIP-1820?).

• Feature set:

  • Payment Primitives:
    • 1to1 Instant
    • 1to1 Constant Flow Payment Primitive
    • 1toN Instant Transfer PP
    • 1toN Constant Flow PP
  • Permission System
    • Operator?
    • ACL?
  • Batch call
  • Meta transaction
  • What about additional custom logic?
  • Compositionality through hooks or commands?

• Recommended path for the legacy ERC20 wrapping?

  • Adopt the Vault standard https://eips.ethereum.org/EIPS/eip-4626

• Where is the line?
  (a) Stateless analog money is good enough.
  (b) PP + Compositionality is the line.

Notes

• Proposal for Streaming Token Standard
• EIP-4337: Account Abstraction using alt mempool

[hellwolf]

Locking the conversation and continuing it in main thread: #1188