CBDE Tokens Practice Questions
The free CBDE: BTA Certified Blockchain Developer - Ethereum questions that deal with tokens, with answers and explanations. The full bank and the timed practice test cover every topic the exam asks about.
Question #3
Which Ethereum improvement proposal introduced the concept of ERC-20 tokens?
Correct answer: D
Explanation
EIP-20 defines the standards for fungible tokens on the Ethereum blockchain, allowing for easier integration and transfers.
Question #7
Which token standard allows for the creation of non-fungible tokens (NFTs) on Ethereum?
Correct answer: A
Explanation
ERC-721 is a token standard for creating non-fungible tokens (NFTs) that represent unique assets on the blockchain.
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