Dibbles Unveils Groundbreaking ERC404A Technology, Revolutionizing Blockchain Efficiency with 77% Gas Savings

cryptonews.com:

[2024.02.15] — Dibbles, a pioneer in the integration of meme culture and blockchain technology, proudly announces the launch of the ERC404A standard, a significant advancement in blockchain efficiency. This new development promises an unprecedented 77% reduction in gas costs, setting a new benchmark in the industry and marking a major milestone in blockchain’s evolution.

The ERC404A technology emerges as a superior optimization of the existing ERC404 standard, incorporating innovative solutions designed to significantly reduce gas costs associated with blockchain transactions. This breakthrough is particularly noteworthy when compared to the recent achievement by Pandora, which achieved up to 53% in gas savings. ERC404A’s ability to further optimize gas efficiency by 77% highlights Dibbles’ commitment to pushing the boundaries of blockchain technology.

A key strategy in achieving these remarkable gas savings is the grouping of multiple mints. This approach is especially beneficial for transactions involving large volumes, where it can lead to substantial cost reductions. Furthermore, ERC404A introduces a revolutionary 16 bit system for Token ID management, replacing the traditional 256bit numbers. This system significantly enhances storage efficiency and reduces gas costs, making it an ideal solution for digital collections and assets.

ERC404A also seamlessly integrates the latest updates from Pandora’s ERC404, including a TokenId queue and optimized data indexing for owners and owned assets. These features contribute to ERC404A’s enhanced efficiency, setting new standards for the blockchain community.

“Dibbles is to introduce the ERC404A standard to the blockchain community,” said Dibbles Team.