ERC-What?!? ERCs Simply Explained: ERC-20 | ERC-721 | ERC-1155 | ERC-223 | ERC-827 | ERC-621 | $ETH

What is the difference between an ERC-20 and an ERC-721? Is this a question you have asked yourself recently? If so, don’t worry. It can seem a bit confusing at first trying to understand all these different standards. While NEO has their own standard: NEP (NEO Enhancement Proposal), Ethereum has their own ERC (Ethereum Request for Comment) standards. In this video I have picked six of the most popular ERC standards to explain in simple terms.

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0:39 What is an ERC? How does it become a standard? What are its use cases?
2:03 ERC-20
4:43 ERC-721
6:54 ERC-1155
8:40 ERC-223
10:34 ERC-827
12:26 ERC-621

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DISCLAIMER: I am not a financial advisor. This is not financial advice. This is just my opinion. Always do your own research before investing. I am not responsible for your trades…

Sources:
ERC Standard To Move Ethereum Forward:  / erc-standards-to-move-ethereum-forward-erc...  
The Ethereum Token Standards You Need To Know: https://medium.freecodecamp.org/lets-...
Open Zeppelin: https://github.com/OpenZeppelin
ERC Token Standards For Dummies, Like Me:   / erc-token-standards-for-dummies-like-me  
EIP Github: https://github.com/ethereum/EIPs
ERC-1155: The Crypto Item Standard: https://blog.enjincoin.io/erc-1155-th...

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   • ERC-What?!? ERCs Simply Explained: ER...  

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