The Ethereum community has proposed ERC-7265 to protect DeFi protocols from hacker attacks.
One of the Ethereum community's latest initiatives is to create a new Ethereum Request for Comment (ERC) standard aimed at protecting decentralized financial (DeFi) protocols from hacker attacks.
The ERC-7265 standard has been proposed by members of the community and if adopted, the standard will allow DeFi protocols to better protect themselves from hacker attacks.
The popularity of DeFi protocols has exploded in recent years, with these platforms already handling billions of dollars.
At the same time, the popularity of DeFi protocols has also grown among hackers, who often try to exploit vulnerabilities in the protocols.
The ERC-7265 standard aims to protect the DeFi protocols from these attacks and thus make the DeFi ecosystem more secure.
The proposal is still in its early stages and needs to be adopted by the community before it can be formally implemented.
However, if adopted, the ERC-7265 standard could have a significant impact on the DeFi ecosystem and contribute to the security of DeFi protocols!