The Ethereum Improvement Proposal process(Image source) To understand ERC-404, it helps to examine some Ethereum token standards that came before: ERC-20 tokens likeWrapped Bitcoin(WBTC) andWrapped Ethereum(WETH) are purely fungible, meaning each token is identical and interchangeable with another...
where buyers and sellers of cryptocurrencies connect directly. This type of marketplace is different from traditional marketplaces, where buyers and sellers are not connected. Cryptocurrencies are usually not controlled by a third party, meaning users retain control of the private keys of theirwallets...