How To Sell Bitcoin for PayPal – Convert your Bitcoins to USD via PayPal (Instantly) Yiedl develops modified ERC-721 token standard

To facilitate the platform, Yiedl created a modified version of the ERC-721 standard that has been made available as open-source for other developers to adopt, dubbed ERC-X.

Shiba stated that the new toke standard “added two user classes to the existing ERC-721 standard” in the form of “user and lien.”

“The idea behind it is that by supporting three user classes as default, application developers can assume that tokens can be rent bitcoin to paypal exchange out or collateralized,” said Shiba. “With ERC-721, it was impossible, and it caused difficulties when NFT owners rent/collateralize NFTs as the ownership is taken over by the contract address or tenant.” NFT sector gains traction

Many companies are betting that NFTs will emerge as a leading use-case for crypto assets, with blockchain gaming and asset tokenization promising to expose distributed ledger technology, or DLT, to wider audiences.

However, it is still early days for the NFT sector in terms of infrastructure, with a surprise auction for a limited run of CryptoKitties leading to the Winklevoss-backed top NFT marketplace Nifty experiencing downtime last week.

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 Got 10 BTC? You’re Now in the Top 0.5% of 30 Million Bitcoin Addresses

There are now 30.4 million Bitcoin addresses with a balance, but those with even a whole coin form a tiny minority. Bitcoin (BTC) wallets with a positive address have crossed 30 million for the first time — but less than 1% contain even 10 BTC.

According to the latest data from monitoring resource Bitinfocharts, a wallet balance of 10 BTC — or around $91,000 at today’s prices — is enough to place the holder in the top 0.51% of addresses.