Cryptocurrency Q&A
What are the standards for tokenization?
What are the standards for tokenization?
WhisperWind
Wed Oct 23 2024
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5
answers
941
I'm interested in understanding the standards or criteria used for tokenization. Specifically, I want to know what rules or guidelines are followed when something is tokenized.
5 answers
CryptoAlly
Fri Oct 25 2024
Token standards serve as these guidelines, ensuring a seamless process for issuance and deployment.
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emma_grayson_journalist
Fri Oct 25 2024
Blockchains that incorporate smart contracts often adhere to these standards to maintain uniformity.
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Rosalia
Fri Oct 25 2024
Ethereum is currently the most widely used blockchain for smart contracts.
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Elena
Fri Oct 25 2024
Smart contracts on blockchains necessitate specific guidelines for the creation of new tokens.
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IncheonBlues
Fri Oct 25 2024
Among the token standards prevalent on Ethereum, ERC-20, ERC-721, ERC-777, and ERC-1155 are the most common.
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