What is EIP ? under 2 minute.

What is EIP ? under 2 minute.

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okay... okay... don't be hasty let me explain in Leyman terms

Explanation

Certainly! In simple terms, an EIP (Ethereum Improvement Proposal) is a way for people who use and develop the Ethereum blockchain to suggest and discuss changes or improvements to it. It's like a suggestion box where anyone can propose ideas to make Ethereum better.

Link to EIP home page

simply, all the rules and the norms for the contract are well written here and anyone can access it.

Types of EIP

you can also check out the whole list on the home page of the Ethereum improvement proposal same as here

  1. Standard Track

  2. Core

  3. Networking

  4. Interface

  5. ERC

  6. Meta

  7. Informational

Example :

all three examples belong to the ERC type EIP.

ERC-20

Documentation of ERC-20 standards

ERC- 721

Documentation of ERC-721

ERC-1155

Documentation of ERC-1155

These proposals can be about adding new features, fixing problems, or even changing how Ethereum works. Once a proposal is made, it is shared with the Ethereum community for feedback and discussion. People who understand the technical details review the proposal and share their thoughts.

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meanwhile, the developer building a new EIP

The goal is to reach an agreement on whether the proposed change is a good idea and should be implemented or not. If everyone agrees, the change can be made to Ethereum, making it more useful, secure, or efficient.

Think of EIPs as a collaborative process where everyone can have a say in shaping the future of Ethereum. It helps ensure that the network evolves in the best possible way by taking into account the opinions and expertise of the community.

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until then see you in next tech-blog

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