ERC-721 vs. ERC-1155 Standards Flashcards
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Read the first 7 ERC-721 vs. ERC-1155 Standards flashcards as text
Which royalty standard is commonly added on top of both ERC-721 and ERC-1155?
Answer: ERC-2981
ERC-2981 provides a standard royaltyInfo interface usable with both NFT standards.
In ERC-1155 safe transfers, what extra parameter is passed compared to ERC-721's basic transfer?
Answer: An amount (value) for the token ID
ERC-1155 transfers include an amount because IDs can be fungible with quantities.
What is a practical gas advantage of ERC-1155 when airdropping many items to many users?
Answer: Batch transfers reduce overhead versus many individual ERC-721 transfers
Batching multiple IDs and amounts in one call cuts repeated per-transaction overhead.
Which statement about token uniqueness is correct?
Answer: ERC-721 enforces one owner per token ID, while ERC-1155 IDs can have many holders
ERC-721 IDs are singular and singly owned; ERC-1155 IDs can be held by many addresses in varying amounts.
When migrating a collection from ERC-721 to ERC-1155, what is a common challenge?
Answer: Marketplace compatibility and mapping unique tokens to ID/amount semantics
Differing transfer/approval semantics and marketplace support require careful mapping during migration.
Which standard natively defines a TransferBatch event for multi-ID movements?
Answer: ERC-1155
ERC-1155 defines TransferBatch to log transfers of multiple token IDs at once.
For a contract holding both in-game currency and rare unique items efficiently, which is the single best choice?
Answer: One ERC-1155 contract
A single ERC-1155 contract handles fungible currency and unique items together efficiently.