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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: avivsun on September 09, 2018, 11:38:04 AM



Title: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: avivsun on September 09, 2018, 11:38:04 AM
Hi

Here is a short comparison I created

https://101blockchains.com/wp-content/uploads/2018/09/Non_Fungible_Tokens-1.png

Credits: 101blockchains.com (https://101blockchains.com/non-fungible-tokens-nft)


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: jamesbondbd007 on September 12, 2018, 07:23:23 PM
ERC1155 is the better one in every aspect. Plus we do look for user friendly tools or anything which is easy to use. So all in all, the people will have a clear view with reason that which one is to go for.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: WaterSeal on September 12, 2018, 07:54:34 PM
After reading the differences and the features it possess side by side, it does look like ERC 1155 is the better option and has a lot of advantages associated to it compared to ERC 721. Also it does seem to be easy to use, which is soemthing that all the users want to make their work easier.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: bitcoinminer566 on September 12, 2018, 08:25:34 PM
This does seem to have portrayed all the differences between ERC721 and ERC1155. Plus the latter has always been the best one. And now since it is easy to use, ERC1155 clearly will be the best pick because we all look for user friendly alternatives.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: BumblingBee on September 12, 2018, 08:52:31 PM
The two things that the people look for is if it is affordable or not and if it is easy to use or not. And looking at the side by side comparisons, ERC 1155 is the better option.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: MidnightNugget on September 12, 2018, 09:25:19 PM
Though ERC1155 hasn't released as a standard yet and still in it's conceptual phase but it does have some edge over ERC721 because, it will make transactions cheaper by letting multiple complex operations to be bundled in a single transaction and it will bundle multiple tokens and enable atomic swaps. All in all, it improves the efficiency of ETH network more than what ERC721 could do.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: EveningRock on September 13, 2018, 09:40:14 PM
you are right but i want know more about this. ERC 721 are not more profitable. thank you for sharing this short comparison. it will helpful for crypto people. people should understand and take good decision about their investment.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: CuteSeal on September 13, 2018, 11:23:32 PM
Thank you for sharing such important thing. I think from those ERC1155 is better than ERC721.it is also secure, quick and easy to use.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: IslandLady on September 13, 2018, 11:35:31 PM
Thank you for sharing such vital thing. from those ERC1155 is superior than ERC721.it is additionally secure, speedy and simple to utilize.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: Woodpecan on September 14, 2018, 10:51:39 AM
Good job. You able to enhancing nicely the different bitween ERC721 and ERC1155. Hope it will be able to give concept about the difference bitween them.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: Demonster on September 14, 2018, 11:09:59 AM
I prefer ERC 1155 because ERC721 because ERC721 can create only no fungible tokens only but ERC1155 can create both of them. But I am not trying to say that ERC721 is bad.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: bestcomputerpsycho on September 14, 2018, 11:13:45 AM
I didn't looked in details about both of those standards, but by the comparison you've shown it seems that ERC1155 clearly has advantages over ERC721, in fact it seems that ERC1155 is built on top of ERC721.
By the way there's one more standard going on currently which is advised by POLYMATH tokens team, ERC1400 for security tokens. I think you should check that out too.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: BlueBruiser on September 14, 2018, 11:26:06 AM
From their I ensure that if anyone wants to create multiple tokens in a single contracts they need to choose ERC1155 because they can't do this with ERC721.


Title: Re: ERC721 vs ERC1155: Ethereum NFTs Comparison
Post by: BlackCat3 on September 14, 2018, 11:42:40 AM
There are huge difference in this two. Most of the difference is written in the article. We can use both of this but both have some problem. We need to research before using them.