ZeroX Network Whitepaper
  • 👋Welcome to ZeroX Network
  • 📖Overview
    • 💡Introduction
    • 🎮ZeroX Arcade
    • ✨ZeroX Network Explorer
  • 🪨Problems
    • 👁️‍🗨️Overview
    • 🗿Static Nature of Digital Assets
    • 📪Limited Use Cases
    • 🛸Lack of Interoperability
    • 🛠️Scalability and Efficiency Constraints
  • 💽Protocol
    • 👁️‍🗨️Overview
    • 👥Users
    • 💾Application Layer
    • 🕸️ZeroX Nodes
    • ⛓️Blockchain Layer
  • 🪙Tokenomics
    • 👁️‍🗨️Overview
  • 📜ERC-XXXX
    • 👁️‍🗨️Overview
    • 📀Specification
    • 🔼Update Module
    • 🗄️Event-Driven Mechanism
    • 📦Storage
  • 🛰️ZeroX Network
    • 👁️‍🗨️Overview
    • 🎡Utilities Management
    • 🎞️Status Synchronization
    • ⛓️Decentralized Network
    • ⚡Scalability and Efficiency
  • 🛸Applications
    • 👾Gaming
    • 👫Social
    • 🔮Other Apps
  • 🗺️Roadmap
    • 📆2024
  • 📚Miscellaneous
    • 📕Glossary
Powered by GitBook
On this page

Was this helpful?

  1. ERC-XXXX

Event-Driven Mechanism

The choice of an event-driven mechanism for NFT updates directly tackles Ethereum's scalability challenges and high transaction costs by using events to efficiently signal changes. Events are chosen over direct on-chain updates or external databases due to their lightweight nature, significantly reducing the gas fees associated with NFT updates. This method enables dynamic and flexible modifications to NFT metadata or states without altering the core immutable data on the blockchain, thus preserving integrity while ensuring compatibility with established NFT standards like ERC-721 and ERC-1155. Beyond offering a scalable and cost-effective solution, this strategy broadens the scope for dynamic content and real-time updates across a range of applications, thereby enhancing the overall utility and interactivity of NFTs within the Ethereum ecosystem.

PreviousUpdate ModuleNextStorage

Last updated 1 year ago

Was this helpful?

📜
🗄️