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Update ERC-1363: Remove external links and useless references #75

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Update ERC-1363: Remove external links and useless references #75

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b1fb104
Remove external links and unuseful reference to other eips
vittominacori Oct 31, 2023
92f25d2
Merge branch 'master' of https://github.com/ethereum/ERCs into fix/mo…
vittominacori Nov 18, 2023
65a4c5e
Merge branch 'master' of https://github.com/ethereum/ERCs into fix/mo…
vittominacori Nov 26, 2023
42c945e
Merge branch 'master' of https://github.com/ethereum/ERCs into fix/mo…
vittominacori Dec 7, 2023
fa69553
Merge branch 'master' of https://github.com/ethereum/ERCs into fix/mo…
vittominacori Dec 22, 2023
3e34d42
Merge branch 'master' of https://github.com/ethereum/ERCs into fix/mo…
vittominacori Dec 29, 2023
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10 changes: 6 additions & 4 deletions ERCS/erc-1363.md
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Original file line number Diff line number Diff line change
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---

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preamble is missing header(s): `description` 

error[preamble-req]: preamble is missing header(s): `description`
--> ERCS/erc-1363.md
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 = help: see https://ethereum.github.io/eipw/preamble-req/
eip: 1363
title: Payable Token
author: Vittorio Minacori (@vittominacori)
discussions-to: https://github.com/ethereum/eips/issues/1363

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preamble header `discussions-to` should point to a thread on ethereum-magicians.org 

error[preamble-re-discussions-to]: preamble header `discussions-to` should point to a thread on ethereum-magicians.org
 --> ERCS/erc-1363.md:5:16
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5 | discussions-to: https://github.com/ethereum/eips/issues/1363
  |                ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ required pattern was not matched
  |
  = info: the pattern in question: `^https://ethereum-magicians.org/t/[^/]+/[0-9]+$`
  = help: see https://ethereum.github.io/eipw/preamble-re-discussions-to/
status: Final
type: Standards Track
category: ERC
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requires: 20, 165
---

## Simple Summary

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body has extra section(s) 

error[markdown-order-section]: body has extra section(s)
  --> ERCS/erc-1363.md
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13 | ## Simple Summary
   |
   = help: see https://ethereum.github.io/eipw/markdown-order-section/
Defines a token interface for [ERC-20](./eip-20.md) tokens that supports executing recipient code after `transfer` or `transferFrom`, or spender code after `approve`.

## Abstract
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The choice to use `transferAndCall`, `transferFromAndCall` and `approveAndCall` derives from the [ERC-20](./eip-20.md) naming. They want to highlight that they have the same behaviours of `transfer`, `transferFrom` and `approve` with the addition of a callback on receiver or spender.

## Backwards Compatibility
This proposal has been inspired also by [ERC-223](https://github.com/ethereum/EIPs/issues/223) and [ERC-677](https://github.com/ethereum/EIPs/issues/677) but it uses the [ERC-721](./eip-721.md) approach, so it doesn't override the [ERC-20](./eip-20.md) `transfer` and `transferFrom` methods and defines the interfaces IDs to be implemented maintaining the [ERC-20](./eip-20.md) backwards compatibility.

Unlike other ERC-20 extension proposals, ERC-1363 doesn't override the ERC-20 `transfer` and `transferFrom` methods and defines the interfaces IDs to be implemented maintaining backward compatibility with ERC-20.

## Security Considerations
The `approveAndCall` and `transferFromAndCall` methods can be affected by the same issue of the standard [ERC-20](./eip-20.md) `approve` and `transferFrom` method.

The `approveAndCall` and `transferFromAndCall` methods can be affected by the same issue of the standard ERC-20 `approve` and `transferFrom` method.
Changing an allowance with the `approveAndCall` methods brings the risk that someone may use both the old and the new allowance by unfortunate transaction ordering.

One possible solution to mitigate this race condition is to first reduce the spender's allowance to 0 and set the desired value afterwards ([EIP-20#issuecomment-263524729](https://github.com/ethereum/EIPs/issues/20#issuecomment-263524729)).
One possible solution to mitigate this race condition is to first reduce the spender's allowance to 0 and set the desired value afterwards.

## Copyright

Copyright and related rights waived via [CC0](../LICENSE.md).
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