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Security Tokens and Stablecoins Quick Start Guide

You're reading from   Security Tokens and Stablecoins Quick Start Guide Learn how to build STO and stablecoin decentralized applications

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Product type Paperback
Published in Apr 2019
Publisher Packt
ISBN-13 9781838551063
Length 234 pages
Edition 1st Edition
Languages
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Authors (3):
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Weimin Sun Weimin Sun
Author Profile Icon Weimin Sun
Weimin Sun
Xun (Brian) Wu Xun (Brian) Wu
Author Profile Icon Xun (Brian) Wu
Xun (Brian) Wu
Angela Kwok Angela Kwok
Author Profile Icon Angela Kwok
Angela Kwok
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Toc

ERC-20 and ERC-721 token

In Ethereum, most tokens are used as digital currency and can be interchangeable like ERC-20 tokens, but other tokens such as ERC-721 are for collectables, which are not interchangeable. These types of token are called non-fungible tokens.

In this section, we will overview these two types of token. We will look at the smart contract interface and discuss functions defined in the interface.

ERC-20

ERC-20 is the most popular Ethereum blockchain technical standard for tokens that are issued on Ethereum. It was proposed by Fabian Vogelsteller on November 19, 2015. ERC stands for Ethereum Request for Comment, and 20 is a unique ID number for the request to differentiate it from other standards. Currently...

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