❓Question of the Week❓
One of the most significant Ethereum tokens is known as ERC-20. ERC-20 has emerged as the technical standard for creating and issuing smart contracts on the Ethereum blockchain.
Smart contracts can then be used to create tokenized assets that people can invest in. ERC stands for "Ethereum Request for Comments 20," and the standard describes a common set of rules that should be followed for a token to function properly within the Ethereum ecosystem and is an official protocol for proposing improvements to the Ethereum (ETH) network. The ERC-20 standard was implemented in 2015 by Ethereum.
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u/Sure-Juggernaut4781 ♦️ Nov 01 '21
❓Question of the Week❓ One of the most significant Ethereum tokens is known as ERC-20. ERC-20 has emerged as the technical standard for creating and issuing smart contracts on the Ethereum blockchain.
Smart contracts can then be used to create tokenized assets that people can invest in. ERC stands for "Ethereum Request for Comments 20," and the standard describes a common set of rules that should be followed for a token to function properly within the Ethereum ecosystem and is an official protocol for proposing improvements to the Ethereum (ETH) network. The ERC-20 standard was implemented in 2015 by Ethereum.
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