Cryptocurrency Q&A What is the difference between ERC and ERC-20?

What is the difference between ERC and ERC-20?

CoinMaster CoinMaster Sun Nov 03 2024 | 6 answers 1036
ERC generally refers to Ethereum Request for Comments, a framework for proposing improvements to the Ethereum network, while ERC-20 is a specific token standard within this framework, defining a common set of rules for tokens to be implemented on Ethereum, such as transferability and approval mechanisms. What is the difference between ERC and ERC-20?

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