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This article mainly explains "what is the use of ERC827 Ethereum token standard". Interested friends may wish to take a look. The method introduced in this paper is simple, fast and practical. Let's let Xiaobian take you to learn "ERC827 Ethereum Token Standard What's the Use"!

ERC827

Another extension of the Ethereum token standard ERC-20 is ERC-827. It allows the transfer of the token and allows the holder to allow third parties to use the token. Tokens on Ethereum can be reused by other applications, including wallets and exchanges. This is useful when you need to support third-party dynamic consumption limit adjustments.

Most importantly, since ERC-827 is an extension of ERC-20, it is also compatible with ERC-20.

Some of the proposed interface functions include:

transferFrom(address _from,address _to,uint256 _value,bytes _data) returns (bool success)

approve(address _spender,uint256 _value,bytes _data) returns (bool success)

Standard Status: Open

Recommendation Date: 1/12/2018

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