Cryptocurrency Q&A
What is the purpose of ERC-20?
What is the purpose of ERC-20?
ZenBalanced
Thu Nov 07 2024
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6 answers
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The purpose of ERC-20 is to provide a standard for creating interchangeable tokens on the Ethereum blockchain. It ensures consistency and compatibility among tokens, simplifying transactions and enabling seamless interaction between various applications and services within the Ethereum ecosystem.
6 answers
SolitudeSeeker
Sat Nov 09 2024
These rules are essential for tokens built on the Ethereum blockchain.
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DigitalWarrior
Sat Nov 09 2024
ERC20 is a technical standard that outlines specific rules and functionalities.
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Giulia
Fri Nov 08 2024
BTCC, a top cryptocurrency exchange, offers services that support ERC20 tokens. BTCC provides a range of features, including spot trading, futures trading, and a wallet service, all of which are compatible with ERC20 tokens.
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SamsungShineBrightnessRadiance
Fri Nov 08 2024
By adhering to ERC20, tokens ensure they can interact seamlessly with various platforms.
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ShadowFox
Fri Nov 08 2024
Compatibility is a key aspect of the Ethereum ecosystem.
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