Cryptodata company Shadow launches ERC-7571 proposal to standardize how shadow events are specified, discovered, and obtained

On December 9th, Shadow, a startup company focused on encrypted data, proposed ERC-7571 to standardize the specification, discovery, and retrieval of shadow events (i.e. additional logs in contract code that enable deeper off-chain data coverage) in Ethereum smart contracts. The goal is to create a standardized syntax for shadow events in Ethereum smart contracts, making it easier for any off-chain developer tool or infrastructure to specify, discover, and retrieve them.