ERC-1155: The Final Token Standard on Ethereum

This article was first published on Enjin - Medium

Exactly one year after its introduction, ERC-1155 has become an official Ethereum token standard and is available to be used by the entire Ethereum development community.

Exactly one year ago on June 17, 2018, I pushed the first version of the ERC-1155 Multi Token Standard to Ethereum’s Github repository and opened an issue for comments and feedback.

Since then, the standard has received an incredible amount of support with more than 50 revisions and 400 comments from the community, who have provided invaluable input and helped shape ERC-1155 into the most powerful Ethereum token standard ever written.

Today, I am proud to share that ERC-1155 has progressed to Final status and has become an official Ethereum token standard.

Now that it has been sealed as “final” by the Ethereum community, there are no more changes to be made to ERC-1155. It is the new accepted standard for minting fungible and non-fungible assets, and the development community can start building applications that integrate ERC-1155 assets with full confidence that the current standard is future-proof.

ERC-1155 is here to stay.

ERC-1155 Multi Token Standard

Ethereum Improvement Proposals

A few years ago, the Ethereum community agreed on a process for introducing new improvement proposals to the Ethereum ecosystem. An issue is raised by a community member on the Ethereum GitHub page and describes a new feature, process, or standard that benefits the blockchain and its surrounding neighborhood.

At Enjin, we had been building something that we called the “Monolithic Token Contract” internally since 2017. We realized that the existing ERC-20 and ERC-721 token standards were not flexible enough for the kinds of game items we envisioned.

Eventually, we realized that this structure had some incredible benefits and use cases for both gaming and other industries, and if we wanted these new tokens to become a ...

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Enjin - Medium

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