ETHStorage founder Qi Zhou, Ethereum researcher Sam Wilson, and Chao Pi launched the new Web3 URL Ethereum standard “ERC-4804”, which aims to provide a simple way for Web2 users to access the content of Web3 directly.
The ERC-4804: Web3 URL to EVM Call Message Translation standard was initially proposed on February 14, 2022, claiming to enable interoperability with other standards already compatible with URIs.
With ERC-4804, users can directly access on-chain Web3 content, such as decentralized apps (dApps) and NFTs, without going through a centralized web server.
ERC-4804 allows users to access dynamic NFT, on-chain music NFT, personal websites, hostless wallets, dropbox, GitHub, and others, by typing web3:// in their browsers instead of the common “http://” URL.
According to Anthurine Xiang, a representative for ETHStorage, the new URL standard is only financially viable for some purposes as the storage fee on Ethereum is costly on the mainnet.
This is due to the standard’s ability to enable direct querying of the Ethereum Virtual Machine by users (EVM). As per Xiang, ERC-4804 would support “dynamic data,” like allowing users to interact with website content by posting likes and comments.
Since the use of dApps keeps rising, this new standard is anticipated to gain popularity quickly as users now have a decentralized option to access dApps, NFTs.
Decentralization is now more appealing than ever in the community due to banks like Silicon Valley Bank (SVB) failing quickly. The ERC-4804 standard could be a breakthrough in the current flailing sector if more users start accessing it without fear of censorship.
Also Read: Ethereum Account Abstraction Standard ERC-4337 Live on mainnet
