Synthetix core contributors released a proposal related to ERC-7412

ChainCatcher news, Synthetix core contributor noah litvin has released a proposal for the ERC-7412 library batch implementation, aimed at allowing smart contract engineers to integrate off-chain data through simple calls to functions on the oracle contract.

This standard preserves the composability between smart contracts and adjusts the economic incentives between data consumers and the oracle network, while relying on transaction batching (i.e., atomic multi-operations, multi-calls) to automatically pre-validate data from the decentralized oracle network when necessary to execute transactions.