New video on my YouTube Channel!
The Evolution of Blockchain Technology (and where it’s heading):
ERC-1155 came in as an a game-changer! Here’s what was cool about ERC-1155—It allowed more dynamic trading: partial NFTs, mixing tokens, and doing multiple transactions in one hash. 🎮🧩
This helped create entire ecosystems across blockchains like Solana, Arbitrum, Ethereum, and more. But even with all this, blockchain still wasn’t connected to the traditional financial markets… yet.
I love getting nerdy about this stuff!
🕰️ FULL BLOCKCHAIN TIMELINE:
🟡 Bitcoin (2009):
The beginning of it all — a decentralized, peer-to-peer currency.
🟣 Ethereum (2015):
Introduced smart contracts and a more flexible blockchain platform.
🟩 ERC-20 (2015):
The first major token standard. Enabled fungible tokens and the rise of ICOs.
Also used across other chains like BNB (BEP-20).
🟠 Wrapped Bitcoin (2019):
Brought Bitcoin to Ethereum through tokenized versions.
🟪 ERC-721 (2018):
Birth of NFTs! Unique, non-fungible tokens like CryptoPunks and Bored Apes.
🟫 ERC-1155 (2019):
Game-changer for NFTs and gaming. Allowed batch transactions, mixing ERC-20 & 721 tokens in one contract.
🔵 ERC-1400 (2021):
Introduced security tokens. First bridge between crypto and traditional financial securities.
🟤 ERC-3643 (2023–2024):
The most advanced standard yet.
✅ Built-in KYC/AML
✅ Fully compliant smart contracts
✅ Ideal for real estate, hedge funds, and institutional investors
✅ Enables partial investments, cross-border compliance & global onboarding
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#Blockchain #CryptoAccounting #ERC3643 #NFTs #DeFi #SmartContracts #AkifCPA #CryptoTax #Tokenization #Web3Finance
