EIP-6147 has been moved to the final version, which can separate the ownership and transfer rights of NFT and SBT
On March 7, it was reported that the Ethereum improvement proposal EIP-6147 proposed by 10K Universe has been moved to the final version. This standard is an extension of ERC-721, which separates the ownership and transfer rights of NFT and soul bound token (SBT), and defines a new role, namely guard (settable expiry time). The flexibility of guard setting makes it possible to design NFT anti-theft, NFT lending, NFT leasing, SBT, etc. Ethereum EIP needs to go through the stages of conception, draft, review and LastCall before reaching the final state. Any EIP under draft or review will be moved to a standstill if it is inactive for 6 months or more.
Interpretation of this information:
On March 7th, it was announced that the Ethereum improvement proposal EIP-6147 had been moved to its final version. Proposed by 10K Universe, this standard extends the ERC-721 and has been created to separate ownership and transfer rights of NFT (non-fungible tokens) and SBT (soul bound token). A new role has been created, called guard, which allows for the setting of expiry times which enables various design possibilities such as NFT anti-theft, lending, leasing and SBT.
The EIP-6147 is set to extend the functionality of ERC-721. It is a proposal that separates NFTs and SBTs’ ownership and transfer rights. The new guard functionality added to the proposal will enable the creation of new possibilities such as guaranteeing a fixed lifespan of an NFT or SBT, thereby making it possible for NFT anti-theft, lending, leasing, and SBTs.
The EIP has gone through various stages to reach its final version. The proposal started from the conception phase, where it was just a mere idea. The draft stage involved putting the proposal’s ideas into writing and submitting it for review. During the review stage, the proposal was examined by experts who gave their opinions on what could be included and what could be removed. Finally, the proposal entered the LastCall stage, where the final version was created.
Any EIP under draft or review that has been inactive for six months or more would be moved to a standstill. This means that the proposal would be scratched after that period, and the person behind it would have to start from scratch. It is therefore essential that proposals be active and are pushed through to the end.
In summary, the Ethereum improvement proposal EIP-6147 has received its final version, adding a new guard role to the ERC-721 standard. This enables the creation of possibilities such as NFT anti-theft, lending, leasing, and SBT. The EIP had gone through various stages before reaching this point, and it is essential for proposals to remain active throughout the process.
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