Ethereum Improvement Proposal: EIP-6147 on Guard Settable Expiry Time
On March 7, it was reported that the Ethereum improvement proposal EIP-6147 proposed by 10K Universe has been moved to the final version. This standard is an e…
On March 7, it was reported that the Ethereum improvement proposal EIP-6147 proposed by 10K Universe has been moved to the final version. This standard is an extension of ERC-721, which separates the ownership and transfer rights of NFT and soul bound token (SBT), and defines a new role, namely guard (settable expiry time). The flexibility of guard setting makes it possible to design NFT anti-theft, NFT lending, NFT leasing, SBT, etc. Ethereum EIP needs to go through the stages of conception, draft, review and LastCall before reaching the final state. Any EIP under draft or review will be moved to a standstill if it is inactive for 6 months or more.
EIP-6147 has been moved to the final version, which can separate the ownership and transfer rights of NFT and SBT
Interpretation of the news:
The Ethereum improvement proposal EIP-6147 has been approved to the final version, allowing for the addition of a new role called the guard with settable expiry time. This EIP is an extension of ERC-721, which separates the ownership and transfer rights of NFT and soul bound token (SBT).
The guard role provides flexibility to NFT design, allowing for features such as anti-theft, NFT lending, NFT leasing, and SBT. This feature will provide confidence to those who are hesitant to adopt NFTs and will further support the mainstream adoption of blockchain technology.
The separation of ownership and transfer rights is a significant development in the NFT space. This extension provides more control and flexibility to NFT holders, enhancing their ability to manage their assets.
The EIP-6147 had to go through various stages, including conception, draft, review, and the last call before reaching the final version. Any EIP under draft or review will be moved to a standstill if it is inactive for six months or longer; this stringent process ensures that the highest quality proposals are approved.
In conclusion, the approval of Ethereum improvement proposal EIP-6147 represents a step forward in the NFT space, providing greater control and flexibility for NFT holders. The guard role allows for greater security and manages risk while enabling new features such as NFT lending, leasing, and soul bound tokens. This new standard provides confidence to those who are hesitant to adopt NFTs and further supports the mainstream adoption of blockchain technology.
Keywords such as guard, anti-theft, lending, and leasing are important to understand the benefits of the new EIP. The keyword Ethereum shows the importance of the platform, and ERC-721 and SBT highlights the type of tokens this extension supports.
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