
Is USDT an ERC 20 token?
I've been hearing a lot about USDT and ERC20 tokens recently. I understand that ERC20 is a token standard on the Ethereum blockchain. But I'm confused whether USDT is considered an ERC20 token or if it belongs to a different category. Can someone clarify this for me?


What are ERC 20 tokens?
ERC 20 tokens are digital assets that are created and used on the Ethereum blockchain. They follow a specific set of rules, known as the ERC 20 standard, which allows them to be easily traded, exchanged, and stored in compatible wallets and on exchanges. These tokens can represent a variety of things such as currency, company shares, membership points, or even ownership of physical assets.


What is ERC 20 token generator?
ERC20 token generator refers to a tool or mechanism used to create ERC20 tokens on the Ethereum blockchain. ERC20 is a standard for creating and deploying smart contracts on the Ethereum network, ensuring seamless integration and functionality of tokens within the Ethereum ecosystem.


Is ENS an ERC 20 token?
ENS is an ERC-20 token, which follows the token standard of Ethereum. It is considered a key carrier for Web 3.0 user identity and is rooted in the Ethereum network, supporting only Ethereum private key management, and can be held only by ETH wallets.


Is ERC 20 the same as Ethereum mainnet?
I don't understand this question. Could you please assist me in answering it?
