How Does ERC-1155 Improve Gas Efficiency over ERC-20 and ERC-721?
ERC-1155 improves gas efficiency by allowing batch operations. Instead of requiring separate transactions for each token type, it can transfer multiple fungible or non-fungible tokens in a single transaction.
This significantly reduces the overall gas cost. Furthermore, it combines the logic for both fungible and non-fungible tokens into one contract, saving deployment and interaction costs.