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Questions tagged [cryptocurrency standard]

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ZenBalanced ZenBalanced Thu Nov 07 2024 | 6 answers 742

What is the purpose of ERC-20?

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.

What is the purpose of ERC-20?

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