What is ERC-1155? The Multi-Token Standard – Today we’re going to talk about ERC-1155. So what is that? What is ERC what do all of the numbers mean? Well, “ERC” stands for Ethereum Request for Comments. “Request for Comments” is a term that computer scientists use to explain when they’re bringing forth a new idea for a project and these are categorized as a type of “Ethereum Improvement Proposal.”
So “EIP” for short. Ethereum Improvement Proposals are proposals that people make to improve upon the Ethereum project because Ethereum is a project that anybody can actually improve upon if you’re good enough to code for the project.