Radomski has speculated that this new protocol will provide a simple way to create fungible and non-fungible tokens with a lower gas cost in comparison to previous ERC protocols.

So how could you create a divisible non-fungible token? I accomplished this by combining the ERC20 and ERC721 standards just before ERC-1155 came out. I called this concoction ERC-X (temporary name) which would create an entirely new ERC-20 token for each ERC-721 token that was minted and connect the two to create one divisible unique token. You can checkout more documentation for ERC-X over here: https://github.com/jasperdg/ERCX/ .

Radomski’s article caught my attention and curiosity. After scanning through the code I was very impressed. The entire protocol appeared well thought through and optimized infinitely better than my own brainchild. I decided to do some benchmark tests in truffle comparing ERC-1155 gas costs with those of ERC-721 and ERC-20. These are the results.