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BTC $63,205.91 +0.28%
ETH $1,887.92 +0.24%
BNB $606.61 -0.71%
XRP $1.00 -0.08%
SOL $75.51 +0.02%
TRX $0.3318 +0.09%
DOGE $0.0700 +0.06%
ADA $0.1764 -0.67%
BCH $204.44 -0.90%
LINK $9.36 -2.38%
HYPE $57.84 +1.33%
AAVE $86.91 -0.09%
SUI $0.6781 -0.63%
XLM $0.1586 -0.26%
ZEC $492.69 +0.48%

Pandora: is developing ERC-404 V2.1 version, which may significantly reduce Gas fees

2024-02-13 20:16:52

ChainCatcher message, the ERC-404 project Pandora posted on platform X stating that it is currently developing the ERC-404 V2.1 version. The gas cost testing data after operation shows that compared to the previous ERC-404 V1 version, the new version's minting and transfer gas costs may be significantly reduced, specifically:

  • Minting gas fee reduced by approximately 28%;

  • Transfer gas fee reduced by approximately 50%;

In addition, the gas fee for burning tokens has increased by about 80% (due to the reuse of token IDs, which is expected).

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