When Considering Tokens on the Ethereum Blockchain What Is the Main

question 142

Multiple Choice

When considering tokens on the Ethereum Blockchain what is the main difference between ERC20 and ERC721 tokens?

• A) No difference on Ethereum all tokens are fungible
• B) ERC20 is not fungible while ERC721 tokens are fungible
• C) ERC721 is not fungible while ERC20 tokens are fungible
• D) No difference on Ethernet all tokens are not fungible

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Definitions:

Bystanders

Individuals who are present at an event or incident but do not take part in it.

Peril

A specific risk or cause of loss covered by an insurance policy, such as fire, theft, or flood.

World System Theory

A socio-economic theory that suggests the world is a complex system influenced by economic and political relationships between countries, emphasizing the division between core and periphery nations.

Economic Hierarchy

Details the structured ranking of individuals, organizations, or countries based on their economic power, wealth, or resources, influencing their status and opportunities within a society.