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ETH means Ether, which is the Ethereum blockchain native currency. The second in popularity after bitcoin (BTC).
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The ERC-20 Ethereum token standard is a pattern for minting and issuing fungible tokens compatible with the Ethereum network.
ERC-721 is a standard for NFTs, which are unique digital assets representing ownership or proof of authenticity of distinct items, such as collectibles, digital art, or in-game assets, recorded on the Ethereum blockchain, ensuring ownership tracking for each token.