Circle’s July 2024 Updates: Enhancing Developer Experience
In July 2024, Circle announced significant updates to its Web3 services, focusing on improving the developer experience on the Programmable Wallets platform. These updates aim to streamline processes and align with industry standards, making it easier for developers to create user-controlled wallet systems on the Solana blockchain.
Streamlined Onboarding Process
Circle has introduced new onboarding and authentication methods to simplify the user experience and facilitate seamless transactions. By implementing Social Logins and Email OTP authentication, developers can create faster and more efficient wallet systems for their users. Additionally, Circle offers a free tier for the first 1,000 Monthly Active Wallets, with scalable fee tiers as usage increases.
Alignment with Metaplex Standards
To ensure compatibility with Metaplex standards, Circle has updated the token standard ‘enum’ for fungible tokens on the Solana blockchain. This change impacts various API endpoints, including:
- GET wallets/{id}/balances
- GET wallets/{id}/nfts
- GET tokens/{id}
- GET config/entity/monitoredTokens
- POST config/entity/monitoredTokens
- PUT config/entity/monitoredTokens
Developers using these endpoints should review the changes to understand the potential impact on their projects.
Circle Technology Services, LLC (“CTS”) provides these services but is not a regulated financial services company. The APIs offered do not include financial, investment, tax, legal, regulatory, accounting, business, or other advice. For more information, refer to the Circle Developer terms of service available here.
Hot Take: Embracing Innovation for a Seamless User Experience
As a crypto enthusiast, staying updated on the latest technological advancements in the industry is key. Circle’s July 2024 updates highlight the company’s commitment to innovation and user-centric design. By introducing new onboarding methods and aligning with industry standards, Circle is positioning itself as a leader in the Web3 space. Keep an eye on future developments from Circle to enhance your crypto experience!
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