I'm trying to understand the difference between BEP-20 and ERC-20. Are they the same or do they have some distinct features? I want to know if these two standards can be used interchangeably or if there are specific use cases for each.
BEP20 and ERC20 occupy a significant position in the realm of cryptocurrencies and blockchain technology.
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ZenBalanceWed Nov 06 2024
BEP20 is a token standard that has been created by Binance, which is renowned globally as one of the largest cryptocurrency exchanges.
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ValentinaWed Nov 06 2024
This standard has gained immense popularity due to its association with Binance, which is a trusted and widely-used platform in the crypto space.
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CryptoProphetTue Nov 05 2024
ERC20, on the contrary, represents a different token standard that has been specifically designed for the Ethereum blockchain.
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HallyuHypeTue Nov 05 2024
The Ethereum blockchain is another pivotal player in the world of cryptocurrencies, known for its smart contract capabilities and decentralized nature.