ERC-6551 enables NFTs to function as smart contract wallets that can own and transfer other tokens and also have trackable histories.
Dilip Kumar Patairya
Dilip Kumar Patairya is a seasoned B2B tech writer with 15+ years of experience. He specializes in blockchain and fintech. Working since 2003, he has been associated with several corporate groups and publications. When he’s not writing, Dilip loves studying astrology, playing chess, watching movies and traveling.
The ERC-6551 token standard, explained What is the Ethereum Dencun upgrade, and why is it important? The Dencun upgrade slashes fees on layer-2 solutions, paving the way for cheaper DeFi and NFTs while laying the groundwork for Ethereum’s future scalability.
How to get all ERC-20 tokens owned by an address Wallet APIs enable users to quickly locate ERC-20 tokens by wallet address. Chainbase, Alchemy and Moralis provide APIs to get token-related information.
How to set up and create an Ethereum wallet Find out how to set up CEX, DEX and hardware Ethereum wallets that are essential for efficiently traversing the cryptocurrency ecosystem.
How to bridge to Solana You can move digital assets from various blockchains to Solana using decentralized bridges or centralized platforms. Under the hood, bridges work through a lock-and-mint mechanism.
What is a Helium miner and how does it work? Explore Helium miner, a decentralized device that earns cryptocurrency by providing IoT network coverage and validating transactions.
What is a blockchain validator? A blockchain validator verifies transactions in the proposed blocks and helps build new blocks. In return, they receive cryptocurrency.
How to buy Bitcoin ETFs Embark on your Bitcoin ETF investment journey with this guide, unraveling the steps and considerations for purchasing these financial instruments.
How to buy Bitcoin in India From selecting the right exchange to making your first purchase, learn how to purchase Bitcoin in India.
Impersonation scams in crypto, explained To avoid impersonation scams in crypto, verify online profiles, be cautious of overly enticing offers, and employ multi-signature wallets for added security.
What is finality in blockchain, and why does it matter? Finality ensures irreversible transactions — crucial for trust and security — prevents double-spending and fraud, and keeps blockchain records immutable.
What are Bollinger Bands, and how to use them in crypto trading? Bollinger Bands are volatility indicators utilizing price bands. Traders buy near the lower band and sell near the upper band.
Cross margin and isolated margin in crypto trading, explained Cross margin uses whole balance, and isolated margin allocates specific collateral for each trade, encouraging diversification.
Who invented NFTs?: A brief history of nonfungible tokens Ever wondered who invented nonfungible tokens — aka NFTs? The timeline includes colored coins, quantum, CryptoPunks and a lot more.
What is profit and loss (PnL) and how to calculate it PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like the FIFO, LIFO, YTD, and more!
How to stake Polygon (MATIC) Staking MATIC helps one to generate passive income. Find how to stake MATIC via MetaMask, Binance, Coinbase Wallet and Trust Wallet.
What is Shibarium, and what does it mean for Shiba Inu? Shibarium is an upcoming layer-2 blockchain for Shiba Inu. Learn how Shibarium works and its multiple advantages.
What are fan tokens, and how do they work? Fan tokens represent a new revenue stream for clubs and a reward system for fans. Find out here what fan tokens are and how they work.
What is decentralized storage, and how does it work? Explore the concept of decentralized storage in this informative guide. Learn about the functioning and advantages of a decentralized storage network.
What is Solend and how does it work Solend is a DeFi lending and borrowing protocol on Solana, noted for its high scalability and composability.
What is Swan Bitcoin and how does it work? Swan Bitcoin has simplified Bitcoin saving with automatic recurring buys and one-time buys. Find how Swan Bitcoin works.
How Web3 resolves fundamental problems in Web2 Web3 is the next-era internet based on decentralized architecture and some innovative concepts. Find how Web3 resolves fundamental problems in Web2.
What is crypto copy trading and how does it work? Crypto copy trading enables traders to replicate the trades of expert traders and get over the steep learning curve. Find how crypto copy trading works.
What is Comtech Gold (CGO) and how does it work? Is owning digitized gold a better option than physical gold? Comtech Gold tokenizes the metal making it more liquid and secure.
How does zero-knowledge proof authentication help create a portable digital identity solution? Zero-knowledge proofs are probabilistic assessments that take efficiency of portable digital identity solutions to the next level.
How to earn passive crypto income with Bitcoin Here are some ways to generate crypto-powered passive income with Bitcoin while steering clear of inherent volatility.
How to find NFT metadata on OpenSea and Rarible? With the right API, contract address and token id, anyone can find NFT metadata on OpenSea and Rarible.
What is Blocklords? And how to earn money playing it Blocklords is set to transform Web3 gaming with its player-driven economy. Find out how to play Blocklords and earn while playing here.
Who accepts Ethereum as payment? What makes Ethereum a reliable mode of payment? Find what makes Ether qualify as money, its advantages and the process of accepting ETH payments.
What is a decentralized money market, and how does it work? Decentralized money markets enable one to borrow or lend crypto assets without third-party intermediation. Find out how in this article.