wangyuan035
over 1 year ago  Karma: 6
talk about ERC20 and ERC721?

divisible
no divisible something details..

ERC20
ERC721
wangyuan035
over 1 year ago  Karma: 6
talk about ERC20 and ERC721?

divisible
no divisible something details..

ERC20
ERC721

2 ANSWERS
fale.henrique
over 1 year ago Karma: 20

ERC20 is a fungible token and ERC721 infungible, I another words you will use ERC20 when you want to change it to another thing with the same cost. And ERC721 you will use with things has a unique value.
Example:

ERC20 = 1 USD is always 1 USD, the value is the same.

ERC721 = 1 picture can be 1 USD or 100 USD, because it is unique.

ERC20 is a fungible token and ERC721 infungible, I another words you will use ERC20 when you want to change it to another thing with the same cost. And ERC721 you will use with things has a unique value.
Example:

ERC20 = 1 USD is always 1 USD, the value is the same.

ERC721 = 1 picture can be 1 USD or 100 USD, because it is unique.

bruno
over 1 year ago Karma: 1094

Divisibility has nothing to do with the token type - even a unique picture of a rose can be split into several parts and sold to different bidders. The main difference is that ERC721 tokens are designed to be unique, and thus can represent digital collectibles. ERC20 tokens are all the same, each whole unit is identical to another whole unit. In ERC721 mode, each token is unique, and that makes it special.

Divisibility has nothing to do with the token type - even a unique picture of a rose can be split into several parts and sold to different bidders. The main difference is that ERC721 tokens are designed to be unique, and thus can represent digital collectibles. ERC20 tokens are all the same, each whole unit is identical to another whole unit. In ERC721 mode, each token is unique, and that makes it special.

adamskrodzki

great answers, nothing to add

Mar 13 '18 at 8:05 pm
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