AI Fungible Token
  • Introduction
    • πŸ“šNFT Market Overview
      • Market Challenges
      • Market Trends
      • The Evolution of NFT Platforms
    • πŸ“‘What is AI Fungible Token
  • Why Choose AI Fungible Token
    • 🎨More fun with AI-Powered NFT Creation
      • AI Creation Mechanism
      • AI-NFT: AI Agent Tokenize As An NFT
    • πŸ”§NFT Solution: All-in-One Platform
    • β›½FUN Mode: NFT Fair PUMP
      • Common ERC404 Case:
      • Fair PUMP Mode Case:
      • Fair & Transparent Distribution
      • Automated Liquidity Launch
      • Dynamic Pricing
  • EIP-5679 & ERC-40D Token Standard
    • πŸ““EIP-5679 Overview
    • 🎲ERC-40D Token Standard
      • AI Agent Integration
      • Enhanced Ownership and Utility
      • Batch Minting with AI-Specific Metadata
      • Dynamic Interaction and Evolution
      • Scalability for Large NFT Collections
      • Backward Compatibility with ERC-721
    • πŸŽ₯ERC-40D Token Standard in Action
  • Tokenomics
    • πŸ’°Tokenomics
    • πŸ’ŠUtility of $AIFT
  • Roadmap
    • 🚩Roadmap
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  1. EIP-5679 & ERC-40D Token Standard

EIP-5679 Overview

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Last updated 4 months ago

EIP-5679 is an Ethereum Improvement Proposal that introduces a standardized way for Ethereum-based decentralized applications (dApps) to manage user permissions effectively. The proposal aims to enhance security and usability by providing a more flexible and user-friendly permission system.

Key Features:

  1. Decentralized Permission Management: EIP-5679 allows dApps to define and manage user permissions in a decentralized manner, enabling users to control their access to different features or functionalities within the application.

  2. Role-Based Access Control (RBAC): The proposal incorporates a role-based access control system, allowing developers to assign specific roles to users. This ensures that permissions can be tailored to the needs of different users or user groups.

  3. Improved User Experience: By simplifying the process of managing permissions, EIP-5679 enhances the overall user experience. Users can easily understand and manage their permissions, reducing the risk of errors or unauthorized access.

  4. Interoperability: The proposal is designed to be compatible with existing Ethereum standards, ensuring that it can be easily integrated into current dApps without major disruptions.

Use Cases:

EIP-5679 is particularly useful for a wide range of dApps, including decentralized finance (DeFi) platforms, governance applications, and social networks. By providing a robust and flexible permission management system, this proposal can help developers create more secure and user-friendly applications.

The adoption of EIP-5679 is expected to foster a more secure environment for users while enhancing the overall functionality of Ethereum-based dApps.

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γ€ŠEIP-5679: Token Minting and Burning: An extension for minting and burning EIP-20, EIP-721, and EIP-1155 tokens》