Cryptocurrency Q&A
What is an ERC-20 smart contract?
What is an ERC-20 smart contract?
Sara
Mon Nov 04 2024
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7 answers
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I'm interested in learning about ERC-20 smart contracts. Could you explain what they are and how they function within the Ethereum network?
7 answers
ThunderBreezeHarmony
Tue Nov 05 2024
An ERC20 smart contract represents a specific kind of agreement built on the Ethereum blockchain.
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Nicola
Tue Nov 05 2024
By adhering to these standards, developers can ensure that their tokens are compatible with various wallets and exchanges.
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Alessandro
Tue Nov 05 2024
This contract serves as a framework for the creation of fungible tokens.
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Elena
Tue Nov 05 2024
The tokens created through ERC20 smart contracts can represent a wide range of tradable assets.
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Maria
Tue Nov 05 2024
For instance, they can symbolize cryptocurrencies, loyalty points, or even tangible real-world assets.
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