The Defiant - DeFi Podcast cover image

Fabian Vogelsteller, father of the ERC20 Standard, on the Shift from Blockchain Addresses to Social Profiles with Lukso

The Defiant - DeFi Podcast

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Tokens Received, Not Token Received?

Luxo is creating a new token standard that lets smart contracts speak with each other. It's based on existing talking standards, two, two, three and seven, seven seven did the same. But now they've come up with their own function which can be used by any smart contract. The type id then determines how smart conni will act on it. And what we can do in smart conduct is we can say, ok, so the function is now built into my profile wallet. If i can change this one over time, i'm now able to act on any future asset.

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