Steemit Crypto Academy Season 2: Week4 || TOKENS, PART 2: ERC-20 and ERC-721 || by bluesdl

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Hello everyone, Hope everyone doing great. I am also good. This is @bluesdl from Bangladesh

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Made from
First I would like to thank you for this lecture. I am happy to participate in your Homework Task.
This week Homework Task is:

• Explain the ERC-1155 Token in detail.
• Explain how you verify the amount of ERC-721 tokens existing at the time of doing your homework. Present screenshot (use etherscan)
• Explain the TRC20 Token and check the amount of TRC20 tokens existing at the time of doing your homework. Present screenshot (use tronscan)

Explain the ERC-1155 Token in detail.

First ERC means Ethereum Requests for Comments. On the blockchain there are many ERC token. For example, ERC20, ERC223, ERC-721 etc. ERC-1155 is one of the ERC token. This token is Standards Track type and In 2018 this token was created by Enjin. On the Ethereum Network this ERC-1155 token are used both fungible and non-fungible assets. ERC-1155 tokens are more secure, tradable, and unhackable than others.

ERC-1155 is a modern method of generating tokens that allows for more flexible trades and transaction bundling, resulting in cost savings. It has more efficient and safer transactions. Interestingly, ERC-1155 draws on the work of previous ERCs like ERC-20 and ERC-721 characteristics. So this token can be modify this both characteristics without facing any problems.
On the other hand, ERC-20 tokens are works with fungible tokens while ERC-721 tokens work with non-fungible tokens. As a result, they work differently, and they work very differently at the time of their transition.
Due to ERC-1155 tokens are used both fungible and non-fungible assets this token also enables ERC-20 and ERC-721 transactions to be completed in the same transaction..
This ERC-1155 token are used to represent assets of blockchain games. As a result, a single asset can be used in a variety of games. This coin used Enjin’s ecosystem when it create blockchain based assets.

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Explain how you verify the amount of ERC-721 tokens existing at the time of doing your homework. Present screenshot (use etherscan)

For verify the ERC-721 token we need to use this link https://etherscan.io/ After click this link we see this interface.

Now click token option on the top right. Then we see 4 option , but need to click the third one"ERC721 top tokens '' tab.

Now we can the ERC-721 tokens. When i did my homework there were a total of 11,043 ERC-721 tokens.

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Explain the TRC20 Token and check the amount of TRC20 tokens existing at the time of doing your homework. Present screenshot (use tronscan)

Many other blockchains, like Ethereum, have their own technical ERC-20 token standard. Where Tron, they have their TRC-20 token standard. TRC-20 tokens have a role to play in the blockchain ecosystem. TRC-20 tokens are completely compliant with ERC-20 tokens.
To build TRC20 tokens, TRON is a well-known token creation tool.It is a reliable blockchain network that was first launched in September 2017 by Justin Sun.
TRC20 tokens are one of the most widely used tokens on the market. TRC20 basic tokens assist traders and investors in conducting risk-free token trades. Surprisingly, TRC20 standard tokens are the most common crypto tokens among traders and investors. TRC20 tokens are swappable and can be used in decentralized applications.
Since it has a root, the TRON blockchain, it can be easily tracked on a public ledger.

Check the amount of TRC20 tokens need to access this link https://tronscan.org/#/
Here we also see the Tokens tab. Then we click on the first "Token Tracker" tab.

Then click the TRC20 tab. When i did this homework there were a total of 15,852 tokens.

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Thank you for reading my homework. Thank you all very much, especially Professor @pelon53.
Cc :-
@pelon53

Written by; @bluesdl