ERC-1155

in #hive-1679222 years ago

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ERC-1155


ERC-1155 is a token that runs on ethereum on the blockchain and was issued this token in 2018. created by developers on ethereum and many also use it on blockchain-based gaming platforms, this token includes tokens that are very easy to use and easy to carry out every transaction.

The ERC-1155 token is a token that combines ERC-20 and ERC-721 (multi-function or multi-token), ERC-1155 is also able to overcome problems that occur in ERC-20 such as errors in transferring or errors in entering addresses, which can cause loss your mark.

In ERC-1155 you can apply a transaction fee if you enter the wrong address and you don't lose your token, ERC-1155 has cheaper transactions than ERC-721, ERC-1155 tokens can also be sent in one transaction, different from ERC-721 which has a high transaction fee because ERC-721 cannot be sent in one transaction.

ERC-1155 has ERC-20 and ERC-721 smart contracts, ERC-1155 is able to manage a high and unlimited number of tokens, for example, it can be seen in a game that there are various items such as weapons, bulletproof vests, additional blood, scopes, arrows, etc., it is included in the smart contract ERC-1155, ENJIN and SANDBOX are blockchain-based games that are currently trending.

Why was ERC-1155 published


ERC-1155 was issued to surpass its predecessors and as the creation of Dapps grew, many new requirements emerged and required tokens that were commensurate and not interchangeable with ERC-20 and ERC-721 such as, video games or ecosystems, but very different from ERC- 1155, exchangeable and non-exchangeable tokens of the same standard.

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