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Edited 10tokens.asciidoc with Atlas code editor
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kristenORM committed Nov 6, 2018
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6 changes: 3 additions & 3 deletions 10tokens.asciidoc
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Expand Up @@ -460,7 +460,7 @@ truffle(ganache)&gt; <strong>accounts[0]</strong>
</pre>
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The +accounts+ list now contains all the accounts created by +ganache+, and +account[0]+ is the account that deployed the +METoken+ contract. It should have a balance of METoken, because our METoken constructor gives the entire token supply to the address that created it. Let's check:
The +accounts+ list now contains all the accounts created by +ganache+, and +account[0]+ is the account that deployed the +METoken+ contract. It should have a balance of pass:[<span class="keep-together">METoken</span>], because our METoken constructor gives the entire token supply to the address that created it. Let's check:

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<pre data-type="programlist">
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The use of the word "deed" is intended to reflect the "ownership of property" part, even though these are not recognized as "legal documents" in any jurisdiction&#x2014;yet. It is likely that at some point in the future, legal ownership based on digital signatures on a blockchain platform will be legally recognized.

Non-fungible tokens track ownership of a unique thing. The thing owned can be a digital item, such as an in-game item or digital collectible; or the thing can be a physical item whose ownership is tracked by a token, such as a house, a car, or an artwork. Deeds can also represent things with negative value, such as loans (debt), liens, easements, etc. The ERC721 standard places no limitation or expectation on the nature of the thing whose ownership is tracked by a deed and requires only that it can be uniquely identified, which in the case of this standard is achieved by a 256-bit identifier.
Non-fungible tokens track ownership of a unique thing. The thing owned can be a digital item, such as an in-game item or digital collectible; or the thing can be a physical item whose ownership is tracked by a token, such as a house, a car, or an artwork. Deeds can also represent things with negative value, such as loans (debt), liens, easements, etc. The ERC721 standard places no limitation or expectation on the nature of the thing whose ownership is tracked by a deed and requires only that it can be uniquely identified, which in the case of this standard is achieved by a 256-bit pass:[<span class="keep-together">identifier</span>].

The details of the standard and discussion are tracked in two different GitHub locations:
The details of the standard and discussion are tracked in two different GitHub pass:[<span class="keep-together">locations</span>]:

* https://github.com/ethereum/EIPs/issues/721[Initial proposal]

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