Article Summary, Automatically Generated By AI
Summary of Paradox
- Collection of 10,000 semi-fungible tokens
- Powered by ERC-20, ERC-1155, ERC-721
- Most secure & efficient iteration of the 404 standard
- $PDX reduces gas costs by >50% compared to ERC-X, DN404, and ERC-404
- ERC425 fixes exploit by branching transfer function for ERC1155 NFTs and ERC20 tokens
- ERC425 is as robust as published ERC token standards
About Paradox
Paradox is a decentralized, community-driven, and open-source platform that empowers users to create, curate, and monetize unique digital assets, fostering a new era of digital ownership and creativity.
A curated assembly of 10,000 semi-fungible tokens, elevating the Experimental standard to unprecedented heights.
Paradox is empowered by a trifecta of esteemed Ethereum token standards: ERC-20, ERC-1155, and ERC-721.
Paradox represents the pinnacle of security and efficiency, elevating the 404 standard to unprecedented heights. As the most efficient, secure, and scalable iteration of 404, Paradox ($PDX) sets a new benchmark for excellence.
Pandora blazed the trail; now it’s our turn to elevate the paradigm. $PDX is poised to build upon the foundations laid and resolve the prevailing shortcomings.
Notably, $PDX boasts a significant reduction in gas costs, exceeding 50% compared to its hybrid counterparts (ERC-X, DN404, and ERC-404).
In ERC425, we opted to tackle the root cause of the exploit rather than merely applying a patch. By bifurcating the transfer function for ERC1155 NFTs and their corresponding ERC20 tokens, we have created a robust standard that aligns with the published ERC token standards, ensuring unparalleled reliability.