Questions tagged [erc20]

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Caterina Caterina Mon May 13 2024 | 6 answers 1092

What is the difference between ERC20 and ERC 21?

I'm curious about the differences between ERC20 and ERC-21 tokens. Could you elaborate on the key distinctions between these two standards in the realm of cryptocurrency? I understand that ERC20 is a widely used token standard on the Ethereum blockchain, but I'm not quite familiar with ERC-21. Could you please explain what ERC-21 is and how it differs from ERC20? It would be helpful if you could highlight the unique features and potential use cases of ERC-21, as compared to ERC20, to give me a clearer understanding of their differences.

What is the difference between ERC20 and ERC 21?
Carlo Carlo Mon May 13 2024 | 7 answers 1364

Is USDT erc20 stable?

I've been hearing a lot about the USDT ERC20 token, and I'm curious about its stability. Is it really as stable as its name suggests? Could you please explain to me what factors contribute to its stability? Also, how does it compare to other stablecoins in the market? I'm interested in understanding its mechanisms and whether it's a reliable choice for storing value. Thank you for your time and expertise in this matter.

Is USDT erc20 stable?
DondaejiDelightfulCharmingSmile DondaejiDelightfulCharmingSmile Mon May 13 2024 | 5 answers 843

Is XRP ERC20?

I'm curious about the technical specifications of XRP. Could you clarify for me whether XRP is an ERC20 token? I've heard a lot about ERC20 tokens in the Ethereum blockchain, but I'm not entirely sure if XRP falls into that category. I'm trying to understand the differences between various cryptocurrencies and their underlying technologies, so this information would be very helpful to me. Could you please explain the characteristics of XRP and how it differs from ERC20 tokens, if indeed it's not one? Thank you in advance for clearing up this confusion for me.

Is XRP ERC20?
Enrico Enrico Mon May 13 2024 | 6 answers 1401

Is ERC20 the same as USDT?

I'm curious about something related to cryptocurrency tokens. Could you please clarify if ERC20 is synonymous with USDT? I've heard both terms used interchangeably in some discussions, but I'm not entirely sure if they refer to the same thing. ERC20, I understand, is a technical standard used for smart contracts on the Ethereum blockchain, enabling the creation of fungible tokens. And USDT, I know, is a stablecoin pegged to the US dollar. But does the ERC20 standard automatically mean a token is USDT, or can ERC20 tokens represent various assets and values? I'm a bit confused about the relationship between these two concepts and how they are distinct or interconnected. Could you please explain?

Is ERC20 the same as USDT?
GyeongjuGrace GyeongjuGrace Mon May 13 2024 | 6 answers 1431

Is ERC20 a Blockchain?

I'm curious about ERC20. Could you please clarify for me? Is ERC20 considered a blockchain in itself, or is it merely a standard or protocol that operates within a blockchain ecosystem? If it's not a blockchain, then what exactly does ERC20 represent, and how does it function within the broader context of cryptocurrency and blockchain technology? I'd really appreciate it if you could break it down for me in a way that's easy to understand.

Is ERC20 a Blockchain?

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