ERC-721
By CoinGecko | Updated on Mar 03, 2020
ERC-721 was introduced in 2017 to create a token standard for non-fungible, exchangeable Etherem tokens. Compared to the well known ERC-20 which is fungible, ERC-721 are non-fungible tokens meaning that each and every ERC-721 is unique, and are not equal to one another.
Related Terms
Stale Block
Double mined blocks that are not included in the blockchain.
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
Frontrun
To intercept a particularly large AMM buy order for the purpose of purchasing an reselling the assets back to the buyer before the order transaction is mind on the blockchain.
Virtual AMM (vAMM)
The vAMM functions similarly like an AMM but does not contain an actual asset pool.
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