Use Cases and Features

Use cases

  • Deploy (Live)

  • Mint (Live)

  • Transfer (Live)

  • Bulk Transfer (Live)

  • Trade Tokens (Live)

  • Stake & Unstake (Live)

  • DPoS & PoW Mining (Live)

Major Features

A suite of features that enhance IERC Protocol appeal to users:

  • Secure

Built on the Ethereum mining mechanism, our protocol leverages Ethereum's inherent security features to ensure the ultimate decentralization and trustlessness and fulfil our commitment to safeguarding user assets.

  • Low Cost

IERC-20 natively supports arbitrary splitting and batch transfers, resulting in the lowest gas fees and minimizing the costs by embedding interactions within transfer transactions, capitalizing on the inherent structure of Ethereum. For users to enjoy reduced transaction fees while maintaining seamless security and time efficiency.

  • Fast

With its exceptional processing speed, the system swiftly verifies transactions in just one block, achieving an impressive completion time of approximately 12 seconds.

  • Decentralization

We uphold the principles of decentralization and security by dedicating ourselves to constructing an open and scalable ecosystem that fully harnesses the compatibility of EVM. We ensure transparency, enabling independent verification for all.

Composition of the IERC Protocols

The IERC protocols comprise a diverse set of components, including:

  • IERC-20: A foundational building block for secure and efficient inscription transactions. The most scalable inscription solutions support all Inscription's fundamental features and enable arbitrary token splitting.

  • IERC PoW (Beta): The first protocol on Ethereum to produce inscriptions through Proof-of-Work (PoW) ming, as a consensus mechanism used to confirm and record cryptocurrency transactions, offering various mining methods to reduce gas consumption and increase efficiency.

  • IERC-721/IERC-1155(Beta): IERC-721 has specified properties that allow each participant to be uniquely identified and valued independently. IERC-1155 allows for fungible, non-fungible, and semi-fungible tokens to be managed by a single smart contract simultaneously. These standards offer a smoother, more efficient process for showcasing and exploring NFTs.

  • UGC Domain Name: This innovation extends the potential use cases of our protocol.

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