Cryptocurrency Q&A
What does ERC stand for in crypto?
What does ERC stand for in crypto?
Lucia
Mon Nov 11 2024
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5 answers
1166
ERC in crypto stands for Ethereum Request for Comment, representing a protocol proposal for Ethereum developers. It's primarily used to describe smart contract standards on Ethereum, with ERC-20 being a notable one that defines a set of rules for tokens issued on the Ethereum blockchain.
5 answers
Nicola
Wed Nov 13 2024
A token's functionality and creation process are detailed in its specification.
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JejuJoy
Tue Nov 12 2024
The Ethereum blockchain allows individuals to mint their own ERC tokens.
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Leonardo
Tue Nov 12 2024
ERC stands for Ethereum Request for Comment, serving as a technical framework.
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GangnamGlamour
Tue Nov 12 2024
These documents provide the blueprint for creating smart contracts on Ethereum.
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DavidJohnson
Tue Nov 12 2024
Smart contracts define the rules and operations of a token, ensuring seamless transactions.
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