What is ERC-1155?

Question

What is ERC-1155?

Accepted Answer

ERC-1155 is an Ethereum token standard, formally known as the Multi-Token Standard, that allows a single smart contract to manage an infinite number of both fungible tokens (like ERC-20) and non-fungible tokens (NFTs, like ERC-721), dramatically improving efficiency and reducing transaction costs for decentralized applications, particularly in gaming and digital collectibles.

ERC-1155

What is ERC-1155?

What is the core innovation of the ERC-1155 Multi-Token Standard compared to ERC-20 and ERC-721?

How does ERC-1155 facilitate gas efficiency and improved user experience through its batch operations?

What are the key real-world applications of ERC-1155 beyond blockchain gaming and digital collectibles?

How does the concept of semi-fungibility in ERC-1155 provide unique advantages for asset lifecycle management?

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