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After a while a standard api was invented for tokens that use smart contacts on ethereum. ETH predates these standards and is built in to the operation of the
by kybernetikos 5y ago
After a while a standard api was invented for tokens that use smart contacts on ethereum. ETH predates these standards and is built in to the operation of the blockchain. Lots of smart contacts know how to deal with standard tokens but don't have a separate code path to deal with ETH. You can get a version of ETH that fits the interface by wrapping it in a standard token.
- zaroth 5y agoI think calling them tokens and giving them acronyms like they’re a currency of some sort leads to a lot of the confusion. I mean, Java class naming wouldn’t be any better but “WETH” is just extending a base class with an interface.
- CRConrad 5y agoIt obviously stands for What Ever The He...ck.