# 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. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.ierc20.com/ierc-protocol/use-cases-and-features.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.