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Ethereum, Base give up on common wallet standard after months of talks

Ethereum is moving ahead with EIP-8141 while Coinbase-backed Base backs EIP-8130, leaving wallets and apps that span both networks facing different transaction systems.

CoinDesk

Ethereum and Coinbase-backed Base abandoned an effort to build a common standard for the next generation of crypto wallets, with developers on both sides deciding the compromise cost each network too much.

The goal was to make crypto wallets behave more like modern apps. Users could log in with passkeys, recover accounts in different ways, allow an app to pay transaction fees and bundle several blockchain actions into a single transaction. Holding ETH simply to pay a network fee would become optional.

The disagreement centered on differences in the blockchains’ priorities, and developers spent months trying to merge the two designs. The inability to reach an agreement means developers designing wallets that work across both networks may need to support two different ways of constructing and approving the same transaction.

Base, on the other hand, wants more freedom to optimize transactions for high volumes and different kinds of applications, including systems with compliance requirements.