Cryptocurrency Q&A
What is ERC token?
What is ERC token?
KatanaSword
Thu Feb 06 2025
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7
answers
1542
I am interested in ERC tokens. I want to know what they are, how they work, and their significance in the Ethereum ecosystem. Can someone explain the concept of ERC tokens to me?
7 answers
Claudio
Sat Feb 08 2025
This standard plays a crucial role in creating tokens on the Ethereum blockchain.
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Martina
Sat Feb 08 2025
Tokens developed under the ERC-20 standard possess a unique characteristic: they are fungible.
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Giulia
Sat Feb 08 2025
Fungibility implies that each token of the same type is identical to another.
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Raffaele
Sat Feb 08 2025
This feature allows for tokens to be used interchangeably without any distinction.
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CryptoEnthusiast
Sat Feb 08 2025
ERC-20 represents "Ethereum Request for Comments 20."
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