I'm trying to understand what ERC stands for in the context of cryptocurrencies. Is it a specific coin or token, or does it represent something else entirely? I'd like to know more about its background and usage.
6 answers
EtherealVoyager
Mon Nov 11 2024
ERC-20 serves as the benchmark for tokens within the
Ethereum network.
alexander_clark_designer
Mon Nov 11 2024
Ethereum has inspired the development of numerous other tokens, blockchains, and ecosystems.
Andrea
Mon Nov 11 2024
Among these, Binance, a prominent cryptocurrency exchange, stands out.
Tommaso
Sun Nov 10 2024
Binance's team ventured into creating their own blockchain.
Martino
Sun Nov 10 2024
Named Binance Chain, this blockchain is a derivative of Ethereum.