ERC-1155
By CoinGecko | Updated on Aug 13, 2021
ERC-1155 token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes. It is used to promote efficiency in batch token transfers, and it allows many types of NFTs to be created with a single contract.
Related Terms
Option
It is a financial instruments that refers to a contract offers the buyer the right to buy or sell an underlying assets at a specified price and time.
State Channel
Secondary payment channel occuring off-chain
Bitcoin Evangelist
Individuals who are passionate about Bitcoin, and are dedicated in spreading knowlege about Bitcoin
Hashgraph
Hashgraph is a distributed ledger system that has been compared to the blockchain idea as a continuation or successor.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.