Cryptocurrency Q&A What does 20 mean in ERC-20?

What does 20 mean in ERC-20?

SunlitMystery SunlitMystery Wed Dec 25 2024 | 7 answers 1490
I'm curious about the significance of the number 20 in ERC-20. What does it represent or stand for in this context of Ethereum Request for Comments standard? What does 20 mean in ERC-20?

7 answers

EthereumEagleGuard EthereumEagleGuard Fri Dec 27 2024
ERC-20 represents a pivotal technical standard in the Ethereum Blockchain ecosystem.

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Valentina Valentina Fri Dec 27 2024
This standard is specifically designed for the creation and implementation of smart contracts.

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Maria Maria Fri Dec 27 2024
It is widely recognized by its acronym, which stands for “Ethereum Request for Comment 20.”

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Lorenzo Lorenzo Fri Dec 27 2024
The ERC-20 standard was introduced in the year 2011.

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Silvia Silvia Thu Dec 26 2024
The brainchild behind this standard is Fabian Vogelsteller, who proposed it to streamline token creation.

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