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Category: Standards

What is ERC-1155?

Summary Definition: A multi-token standard for managing both fungible and non-fungible assets within a single contract.

Detailed Technical Explanation

Developed by Enjin, ERC-1155 is a multi-token standard that enables batch transfers and supports both fungible and non-fungible items efficiently within a single contract instance.

Educational Notice: Technical definitions on CoinAd.in are maintained to help developers, students, and engineers understand decentralized computing concepts accurately.

Related Standards Terms

ERC-20

The standard Ethereum interface for fungible, interchangeable smart contract tokens.

ERC-721

The standard Ethereum interface for non-fungible, unique cryptographic tokens (NFTs).

NFT

Non-Fungible Token: a cryptographically unique digital asset stored on a blockchain.

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