Crypto terminology: "ERC-20"

in cryptocurrency •  7 years ago  (edited)

Crypto Terminology (42).jpg

A token standard for Ethereum which ensures that the tokens perform in a predictable way. The standard allows the tokens to be easily exchangeable and able to work with decentralized applications that also use the ERC-20 standard. Most tokens released through ICOs are compliant with the ERC-20 standard.

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