53.7k views
0 votes
Assets are wrapped using Ethereum Request for ________ (ERC) protocols in order to connect them to the Ethereum blockchain.

A.) Consideration
B.) Carrots
C.) Comments
D.) Conditions

1 Answer

7 votes

Final answer:

The correct term for wrapping assets to connect them to the Ethereum blockchain using Ethereum Request for protocols is 'Comments', answer option C.

Step-by-step explanation:

Assets are wrapped using Ethereum Request for Comments (ERC) protocols in order to connect them to the Ethereum blockchain. The correct answer from the provided options is C.) Comments. ERC protocols are technical documents used in the Ethereum community that specify rules and standards, including those that govern token implementation. These standards ensure that new tokens or digital assets are compatible with existing decentralized applications and services within the Ethereum ecosystem.

For instance, ERC-20 is a well-known standard for fungible tokens, whereas ERC-721 describes the standards for non-fungible tokens (NFTs). Wrapping an asset essentially means issuing a blockchain-based token that represents the original asset and can be traded or used within the Ethereum blockchain.

User Anvi
by
7.5k points