Cryptocurrency Q&A
Is Ethereum mainnet the same as ERC-20?
Is Ethereum mainnet the same as ERC-20?
Raffaele
Wed Feb 05 2025
|
7
answers
1567
I don't understand this question. Could you please assist me in answering it?
7 answers
BonsaiBeauty
Fri Feb 07 2025
Is ERC20 the same as Ethereum? This is a question often asked in the cryptocurrency world.
Was this helpful?
291
72
HallyuHeroLegend
Fri Feb 07 2025
To understand the difference, it's crucial to first grasp what Ethereum is. Ethereum is a blockchain technology and platform that serves as a foundation for various innovative projects.
Was this helpful?
322
40
Sara
Fri Feb 07 2025
On the Ethereum platform, users can create smart contracts, decentralized applications, and even launch their own cryptocurrencies. This versatility has made Ethereum a popular choice for developers.
Was this helpful?
206
45
Stefano
Thu Feb 06 2025
On the other hand, ERC20 is not a blockchain or a platform but a technical standard. It was developed specifically for the Ethereum blockchain.
Was this helpful?
302
51
CryptoLegend
Thu Feb 06 2025
The ERC20 standard provides a set of rules and guidelines for creating smart contracts on Ethereum. These rules ensure compatibility and interoperability among different ERC20 tokens.
Was this helpful?
105
41
Load 5 more related questions
