
72. Token bound accounts + ERC-6551 w/ Benny Giang
On The Other Side
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The Importance of Merging Standards
ERCs are not changes to the protocol, they're just standards around specific types of smart contracts like tokens or non-fungible token bound accounts. When it's stamped, that means other protocols or platforms or wallets can adopt it if they want - but we don't have to right? Right. Now the caveat is some of these standards actually do get merged on a protocol change. So OpenSea optimally is using the same NFT standards as Blur and everyone else. That's right. The surface area of proposals are really wide. Some of them like 651 or 4337, they are like 4337 just got stamped. It's something that, but they're not
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