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Ethereum EIP-8304 Proposes Trustless Log and Transaction Indexing
A new Ethereum improvement draft aims to reduce reliance on centralized indexers for log and transaction data.
Ethereum developers are currently discussing EIP-8304, a draft proposal that introduces a mechanism for trustless log and transaction indexing.
The proposal aims to reduce reliance on centralized indexers by enabling decentralized querying of historical on-chain data, such as event logs and transaction receipts.
How It Works
EIP-8304 suggests a standardized method to verify log entries and transaction data using existing Ethereum state proofs, eliminating the need for a trusted third-party indexer.
- Leverages Merkle proofs to authenticate log entries
- Provides a uniform interface for dApps to query historical data
- Aims to improve scalability and decentralization of blockchain explorers
The draft is still in early stages and is open for community discussion before any formal implementation or inclusion in a future hard fork.