Ethereum Token Standards List:A Comprehensive List of Ethereum Token Standards and Guidelines
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The Ethereum blockchain is a decentralized, open-source platform that supports smart contracts and decentralized applications (DApps). One of the key aspects of the Ethereum ecosystem is the interoperability of tokens and assets. To ensure the interoperability of tokens on the Ethereum blockchain, the Ethereum Foundation has established a set of token standards and guidelines. These standards help developers create and manage tokens on the Ethereum blockchain in a secure and transparent manner. In this article, we will provide a comprehensive list of Ethereum token standards and guidelines.
Ethereum Token Standards List
1. ERC-20 (Ethical Revenue Contract-20)
ERC-20 is the most popular Ethereum token standard. It is used for creating tokens that represent cryptocurrencies, such as Bitcoin, Litecoin, and Ethereum itself. ERC-20 defines the structure of a token contract, including the token name, symbol, decimals, and total supply.
2. ERC-721 (Ethical Revenue Contract-721)
ERC-721 is used for creating non-fungible tokens (NFTs). Each token created under ERC-721 has a unique identifier and cannot be replaced by another token with the same properties. Some popular examples of ERC-721 tokens include Cryptokitties and Axie Infinity.
3. ERC-1155 (Ethical Revenue Contract-1155)
ERC-1155 is a more flexible version of ERC-721 that supports both fungible and non-fungible tokens. It allows for more efficient management of token supply and usage.
4. EIP-20 (Improvement Proposal-20)
EIP-20 is a set of guidelines and best practices for creating token contracts on the Ethereum blockchain. It includes a comprehensive list of standard functions and methods that can be used in token contracts. EIP-20 is a part of the Ethereum Improvement Proposal (EIP) series, which includes all the relevant improvements and guidelines for the Ethereum blockchain.
5. EIP-721 (Improvement Proposal-721)
EIP-721 is the guidelines for creating non-fungible tokens (NFTs) on the Ethereum blockchain. It defines the structure and properties of an NFT token contract, including the token name, symbol, decimals, and unique identifier.
6. EIP-1155 (Improvement Proposal-1155)
EIP-1155 is the guidelines for creating both fungible and non-fungible tokens on the Ethereum blockchain. It extends the functionality of ERC-1155 to support both types of tokens and provides a more efficient way to manage token supply and usage.
7. EIP-3054 (Improvement Proposal-3054)
EIP-3054 is a set of improvements and best practices for creating token contracts on the Ethereum blockchain. It includes a comprehensive list of standard functions and methods that can be used in token contracts and provides guidance on how to structure and design these contracts.
The Ethereum token standards list provides a comprehensive overview of the various standards and guidelines that are used to create and manage tokens on the Ethereum blockchain. By following these standards and guidelines, developers can create and interact with tokens on the Ethereum blockchain in a secure and transparent manner. As the Ethereum ecosystem continues to grow and evolve, it is essential for developers to stay up-to-date with the latest token standards and guidelines to ensure compatibility and interoperability between different tokens and applications.