Summary: Three researchers from Standford published a proposal to facilitate reversible Ethereum transactions. The idea would build on the existing ERC20 and ERC721 token standards. Both new token standards feature a combined smart contract and governance contract component. The proposal received backlash from crypto community members who say reversible transactions are in contrast to the very ethos of blockchain technology. Stanford researchers recently unveiled a plan to build two new Ethereum token standards to combat asset thefts ad hacks in […]
