Search results
Results From The WOW.Com Content Network
Ethereum also allows for the creation of unique and indivisible tokens, called non-fungible tokens (NFTs). [70] Since tokens of this type are unique, they have been used to represent such things as collectibles, digital art, sports memorabilia, virtual real estate, and items within games. [ 71 ]
in November 2017, the widely acclaimed blockchain game on Ethereum known as CryptoKitties launched and is credited with pioneering what is considered to be the first bona fide non-fungible token standard, known as ERC-721. [32] It used an early version of ERC-721 that differed from the formally published version of the standard in 2018. [33]
What exactly is Ethereum and its cryptocurrency ether, you ask? We answer.
The Ethereum Foundation applied their trademark to the new, altered version of the Ethereum blockchain. [2] The older, unaltered version of Ethereum was renamed and continued on as Ethereum Classic. [2] Ethereum Classic's native Ether token is a cryptocurrency traded on digital currency exchanges under the currency code ETC. [3]
Ethereum, on the other hand, powers “smart contracts” that self-execute under set conditions. ... Token. A digital asset representing ownership of a specific project or service.
Cryptocurrency has created a lot of controversy. Here’s what Ethereum is and how it works.
DAI (or DAI, formerly Sai or SAI) is a stablecoin token on the Ethereum blockchain which uses smart contracts designed to control supply to keep its value as close to one United States dollar as possible.
Ethereum 2.0 is the next level of blockchain technology and cryptography. The upgrades are meant to make Ethereum more secure, scalable and sustainable.