Which of the following statements about tokens is FALSE?Ethereum tokens, whether they’re ERC20-compliant or not, are handled through smart contractsThe same token can exist on different blockchainsAn ERC20 token is dependent on the Ethereum blockchainAll token are fungible, and must be tradeable without losing value

Answered: Which of the following statements about…

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Which of the following statements about tokens is FALSE?

Ethereum tokens, whether they’re ERC20-compliant or not, are handled through smart contracts
The same token can exist on different blockchains
An ERC20 token is dependent on the Ethereum blockchain
All token are fungible, and must be tradeable without losing value

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Which of the following statements about tokens is FALSE?

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