Is Bitcoin on ERC-20?
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.
Which crypto coin is ERC-20?
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.
What is the difference between ERC and ERC-20?
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.
Which wallet address is ERC-20?
I'm trying to figure out which wallet address format is compatible with ERC-20 tokens. I need to know this to make sure I'm using the right address for ERC-20 token transactions.
Is TRC20 better than ERC-20?
I'm trying to understand the differences between TRC20 and ERC-20. Specifically, I want to know if TRC20 is considered better than ERC-20 in terms of its features, scalability, security, or any other relevant aspects.