Questions tagged [erc-20]

amelia_doe_explorer Mon May 13 2024 | 6 answers 1478

Excuse me, I'm a bit new to this cryptocurrency world and I'm trying to understand how to navigate it. Could you please explain to me how to get my ERC-20 wallet address? I've heard it's essential for receiving tokens or participating in ICOs, but I'm not quite sure where to start. Is there a specific step-by-step process I should follow? Also, could you recommend any secure and reliable wallets that support ERC-20 tokens? I want to make sure I'm doing this correctly and safely. Thank you for your help!

KatanaSwordsmanshipSkill Mon May 13 2024 | 5 answers 913

Could you please enlighten me on the pros and cons of ERC-20 and TRC-20? I'm trying to decide which token standard is more suitable for my upcoming crypto project. ERC-20 seems to have widespread adoption and compatibility, but I've also heard about the potential benefits of TRC-20. Could you break down the key differences between them and help me understand which one might be a better fit for my needs? Thank you in advance for your expertise and guidance.

Sebastiano Mon May 13 2024 | 6 answers 1633

Could you please enlighten me on the current market value of ERC-20 tokens? I'm quite interested in understanding its worth in today's cryptocurrency landscape. I'm aware that ERC-20 is a widely used technical standard for tokens in the Ethereum blockchain, but its specific worth is something I'm still trying to grasp. Could you provide an up-to-date assessment of its value? Your insights would be greatly appreciated as I'm looking to make informed decisions in the crypto finance world.

KpopStarletShineBrightnessStarlight Mon May 13 2024 | 5 answers 1249

Is ERC-20 truly considered as part of the Ethereum mainnet? This question seems to delve into the technicalities of blockchain technology, specifically within the realm of Ethereum. ERC-20, as we know, is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. But does this automatically classify it as being a part of the mainnet? The Ethereum mainnet, on the other hand, refers to the primary, operational network where transactions and smart contracts are executed. So, are ERC-20 tokens simply compliant with the standards set by Ethereum, or do they actually reside on the mainnet itself? It's a subtle but important distinction that I'd like to clarify.

Federico Mon May 13 2024 | 5 answers 980

Please refer to relevant websites for more information, and feel free to ask me any other questions.