β¨ERC1420 Protocol
The ERC1420 protocol realizes the consistent interchange of inscriptions & NFT & ERC20 for the first time. For the first time, metadata spatial axis positioning is realized, and metadata writing is realized using the spatial axis characteristics, making ERC1420 protocol products truly compilable sandbox metaverse
You can simply understand that ERC1420 is a low-gas upgraded version of ERC404. It also has the inscription characteristics of BRC20 & BRC420. Based on these, it has spatial metadata compilation, which improves the playability of assets.
Protocol | Liquidity | Index | Gas | Scalable |
---|---|---|---|---|
ERC1420 | High | High | Low | High |
BRC20 | Medium | Medium | Low | Low |
ERC404 | High | High | High | Low |
ERC20 | High | High | Medium | Low |
BRC420 | Medium | Medium | Low | Medium |
solved problem
Inscription (BRC20 or other):
Solved the problem of fluidity of inscriptions and the problem of inscription index
(ERC1420 protocol completely uses smart contracts, which can be traded in swap, and the Inscription data is encoded on the chain through Base64 through hard coding)
ERC404
Solved the problem of ERC404 high gas and ERC404 protocol destroying NFT and re-minting each transaction, causing the ID to increment
(The GAS volume of each transaction in the ERC1420 protocol is 40,000-150,000, which is 6-10 times lower than ERC404. At the same time, the ID must not exceed the maximum number of Land to ensure the uniqueness of the Land)
ERC20
Solved the problem that ordinary ERC20 cannot carry information
(The ERC1420 protocol encodes data into TokenURI through hard coding, ensuring that every Land exceeding the integer 1 has a unique spatial axis)
BRC420
Solved the ecological expansion problem of BRC420
(The ERC1420 protocol allows you to write metadata to your own land through the spatial axis and Build function, giving the land unlimited possibilities)
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