Cryptocurrency Q&A Is Celo an ERC-20?

Is Celo an ERC-20?

Margherita Margherita Sun Jun 30 2024 | 6 answers 1467
Inquiring minds often wonder about the technical specifications and classifications of various cryptocurrencies. Could you clarify, for those less versed in the intricacies of blockchain, whether Celo falls under the ERC-20 token standard? The Ethereum network has become a hub for decentralized applications and tokens, and ERC-20 is a widely adopted standard for tokens built on Ethereum. Given Celo's ambitions to enable mobile-first payments and financial services, it's natural to question whether it leverages the ERC-20 standard or operates on a separate, customized framework. Clarifying this distinction would help the broader community better understand the technical underpinnings and interoperability potential of Celo. Is Celo an ERC-20?

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