Cryptocurrency Q&A
What is the difference between ETH and ERC20 network?
What is the difference between ETH and ERC20 network?
EthereumEagle
Mon Nov 11 2024
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5 answers
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I'm trying to understand the distinction between ETH and ERC20 network. I know they are related to Ethereum, but how do they differ from each other in terms of their functionality and use cases?
5 answers
noah_stokes_photographer
Tue Nov 12 2024
These tokens are smart contract-enabled and fungible, meaning they can be exchanged for one another on a one-to-one basis.
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Carlo
Tue Nov 12 2024
The question arises whether ERC-20 is the same as ETH.
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MysticStar
Tue Nov 12 2024
To clarify, Ether (ETH) serves as the native token of the Ethereum blockchain and network.
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Federico
Tue Nov 12 2024
It functions primarily as an internal payment system within this ecosystem.
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Giulia
Tue Nov 12 2024
On the other hand, ERC-20 represents a standard for creating tokens.
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