wholesale jewelry austin tx Blockchain --- FT, NFT, ERC-20 protocol and ERC-721 protocol

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1 thought on “wholesale jewelry austin tx Blockchain --- FT, NFT, ERC-20 protocol and ERC-721 protocol”

  1. Sheryl

    wholesale soutache jewelry FT is homogeneous token, and the homogeneous cryptocurrency constitutes most of the tokens on the market.
    FT The digital assets configured in this way -that is, each toke (or the fragments of the tokens) are equal to the next tokens.
    The replacement is a characteristic of the legal currency. For example, a $ 20 banknotes can be exchanged for any other $ 20 banknotes, or even to zero. Even if it is not an absolute $ 20 banknote, it can be a multiples of $ 5 of $ 5, or even less. In short, the total amount is equal to $ 20.

    NFT is the non-homogenized token. Informal tokens usually refer to the developers issued by developers on the Ethereum platform based on Ethereum standard/protocols. Used to describe a unique digital asset, its ownership can be traced on the blockchain.
    NFT is the unique, non -split token, all artworks, whether it is books, music or images, etc. Special authentication methods to verify their unique and rare value.
    Therefore, compared with the collectibles in the traditional economic system, there are different features:

    The official description document address: GitHub/EIPS/BLOB/Master/EIPS/EIPS/ EIP-20.MD
    ERC20 standards in Ethereum to tokens, all tokens developed based on Ethereum to comply with this agreement.

    The account A has 1,000 ETHs, I want to allow the B account to call 100 ETH at will.

    Litament document: github/ethereum/EIPS/BLOB/MASTER/EIPS/EIP-721.MD
    n ERC-721 compatible with some characteristics of ERC-20, and The main difference between ERC-20 is the OWNER that defines the token, that is, each Token records the owner of its history in detail, as well as the Metadata of the Token, that is, metadata. ERC-721 also needs to implement interfaces in ERC165.

    metadata is used to define the sole feature of a single tokens, and provides descriptive information for a specific token ID. Taking encrypted cats as an example, each encrypted cat has different colors, shapes, names, etc.

    • Tokenid: In the only NFT ID in the contract, it cannot be changed in the life cycle of NFT (to achieve the only must be used in the entire chain (tokenid) composition Yuan Group)
    • name: Name, similar to the name of ERC-20
    • Symbol: Symbol, similar to the symbol of ERC-20 A JSON, and there is further more specific information in JSON

    If that is wrong, please point out, thank you ~

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