We are pleased to present you imToken’s new feature, Decoded Transaction Activity.

What are Decoded Transactions？

It refers to decoding on-chain interactions for easier understanding.

Design draft 

Why Do We Need Decoded Transactions?

At imToken, we have been committed to make life easier for blockchain users, which really is not an easy task.

The new technology still offers challenges in basic use cases. What - for example - happens when a blockchain transaction goes wrong? When a transaction fails or is stuck users have to start a journey into the world of block explorers and dig deep to understand what happened.

That’s why we are making hard efforts to make those basics more understandable for our users. Selected transactions are now shown in their detailed explanation: Moving tokens via cBridge shows the transacted tokens, and a swap on Uniswap shows corresponding interactions. 

What Does Decoded Transaction Activity Mean to Project Teams?

To Average Users

In imToken 2.16.0, decoded transactions now extend beyond Ethereum and Arbitrum to include all networks supported in the imToken wallet, such as Tron, Bitcoin, Litecoin, and over 40 other major chains. This feature allows you to easily comprehend transactions, manage on-chain tokens securely, and navigate the crypto world with ease.

To Project Teams

Decoded Transaction Activity is a valuable feature for project teams too. It allows users to enjoy an improved DApp experience by better understanding the businesses of the team. In this case, outstanding teams can gain market presence more rapidly regardless of fierce competition.

As a long-term blockchain ecosystem builder, we hope to grow with other builders for blockchain to be applied in a wider manner. More high-quality projects will emerge bringing more DApps into the ever-developing and increasingly complicated ecosystem. Therefore, it is increasingly important to find a better way to present on-chain transaction data to users.

Decoded Transaction Activity also serves as a bridge built by imToken between users and project teams. However, this bridge needs to be maintained through concerted efforts from both those teams and us. On top of the foundation for the bridge provided by imToken, information such as the type of contract and transaction should be constantly updated by the teams.

Looking for Cooperation

imToken is looking forward to working with more teams building projects of high quality, to make the wallet app more secure and easy-to-use.

Please contact us through [email protected] if you are interested.

You are also welcome to forward this article to your favorite project teams that haven’t partnered with imToken.