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Mastering Blockchain Programming with Solidity

You're reading from   Mastering Blockchain Programming with Solidity Write production-ready smart contracts for Ethereum blockchain with Solidity

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Product type Paperback
Published in Aug 2019
Publisher Packt
ISBN-13 9781839218262
Length 486 pages
Edition 1st Edition
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Author (1):
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Jitendra Chittoda Jitendra Chittoda
Author Profile Icon Jitendra Chittoda
Jitendra Chittoda
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Table of Contents (21) Chapters Close

Preface 1. Section 1: Getting Started with Blockchain, Ethereum, and Solidity
2. Introduction to Blockchain FREE CHAPTER 3. Getting Started with Solidity 4. Control Structures and Contracts 5. Section 2: Deep Dive into Development Tools
6. Learning MetaMask and Remix 7. Using Ganache and the Truffle Framework 8. Taking Advantage of Code Quality Tools 9. Section 3: Mastering ERC Standards and Libraries
10. ERC20 Token Standard 11. ERC721 Non-Fungible Token Standard 12. Deep Dive into the OpenZeppelin Library 13. Using Multisig Wallets 14. Upgradable Contracts Using ZeppelinOS 15. Building Your Own Token 16. Section 4: Design Patterns and Best Practices
17. Solidity Design Patterns 18. Tips, Tricks, and Security Best Practices 19. Assessments 20. Other Books You May Enjoy

Overview of the ERC721 NFT standard

In Chapter 7, ERC20 Token Standard, we looked into the ERC20 token standard, which is the standard that's mostly used for minting and transferring the tokens. However, the ERC20 token standard has a state variable, decimals, and by using that variable, each token of the token contract can be fungible to the defined number of decimal places. For example, an ERC20 token with 18 decimal places would enable each of its minted tokens to be fungible up to 18 decimal places. The Solidity language does not support decimal or floating data types; hence, one full unit of a token will have 18 zeros followed by 1, which we can also refer to as 118 or 10 * 18.  These tokens are also identical to each other, which means that one token is equal to another token. For example, if there are two people who both have 1 OmiseGo...

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