ChainCatcher Message, WORLD3 has officially submitted the ERC-8118 (Agent Authorization) proposal to the Ethereum Foundation. This standard aims to provide a secure and controllable authorization mechanism for autonomous AI Agents to perform on-chain operations. ERC-8118 introduces time-limited authorizations with automatic expiration, usage limits and transaction caps, as well as fine-grained permission controls at the function level, supporting users to revoke permissions at any time. This fills the gap between the high risk of current unlimited authorization and the cumbersome process of one-time signature operations.
Currently, ERC-8118 has passed production-level validation on the WORLD3 platform, covering over 1 million wallets and 5.7 million transactions. It has also completed peer review at the IEEE International Blockchain Conference (BRAINS 2025). The standard is compatible with all EVM-compatible blockchains and is now in the community open discussion phase on the Ethereum Magicians forum.