Cryptocurrency Q&A Is EVM an ERC-20?

Is EVM an ERC-20?

DavidLee DavidLee Wed Sep 04 2024 | 6 answers 1179
Are you asking if the Ethereum Virtual Machine (EVM) is an ERC-20 token? If so, the answer is no. The EVM is a runtime environment for smart contracts on the Ethereum blockchain. It enables decentralized applications (dApps) to be executed and processed on the Ethereum network. In contrast, ERC-20 is a technical standard used for tokens on the Ethereum blockchain. It defines a common set of rules for how tokens can be transferred and interacted with on the network. So, while both the EVM and ERC-20 are important components of the Ethereum ecosystem, they serve different purposes and are not interchangeable. Is EVM an ERC-20?

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