3min chapter

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ERC-6551: Is This the Next Big Leap in NFT Innovation? - Ep. 514

Unchained

CHAPTER

The Importance of a Smart Contract in Ethereum

The confusion does exist and we received in a lot of people because we're interchangeably even in this conversation using wallet and account and smart contract. But for us, the correct term is an account to token bound account or smart contract account. It's basically a smart contract that you've set up to function as a wallet. So it's important that all of these token bound accounts don't have public private keys. They are smart contracts that are linked to NFTs.

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