Questions tagged [erc-20]

Sara Mon Nov 04 2024 | 7 answers 1947

I'm interested in learning about ERC-20 smart contracts. Could you explain what they are and how they function within the Ethereum network?

SsamziegangSerenadeMelodyHarmony Sun Nov 03 2024 | 6 answers 1249

I have some ERC-20 tokens and I'm wondering if it's possible to convert them into ETH. Is there a way to do this directly or do I need to go through an exchange?

Sara Sun Nov 03 2024 | 6 answers 1259

I'm wondering if Bitcoin is part of the ERC-20 standard. I know ERC-20 is related to Ethereum, but I'm not sure if Bitcoin also falls under this category or if it's completely separate.

Stefano Sun Nov 03 2024 | 5 answers 1238

ERC-20 is not a crypto coin itself, but a technical standard for issuing and implementing assets on the Ethereum blockchain. It represents a set of rules that define how tokens can be transferred and tracked on the Ethereum network, ensuring compatibility and interoperability between different tokens and applications.

CoinMaster Sun Nov 03 2024 | 6 answers 1036

ERC generally refers to Ethereum Request for Comments, a framework for proposing improvements to the Ethereum network, while ERC-20 is a specific token standard within this framework, defining a common set of rules for tokens to be implemented on Ethereum, such as transferability and approval mechanisms.