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Security Tokens and Stablecoins Quick Start Guide

You're reading from  Security Tokens and Stablecoins Quick Start Guide

Product type Book
Published in Apr 2019
Publisher Packt
ISBN-13 9781838551063
Pages 234 pages
Edition 1st Edition
Languages
Concepts
Authors (3):
Weimin Sun Weimin Sun
Profile icon Weimin Sun
Xun (Brian) Wu Xun (Brian) Wu
Profile icon Xun (Brian) Wu
Angela Kwok Angela Kwok
Profile icon Angela Kwok
View More author details

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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