Cryptocurrency Q&A Is ethw ERC-20?

Is ethw ERC-20?

SilenceStorm SilenceStorm Thu Nov 21 2024 | 7 answers 1344
I'm wondering if ethw is considered an ERC-20 token. I want to confirm its status as an ERC-20 token because this information is important for my understanding of its compatibility and use cases within the Ethereum ecosystem. Is ethw ERC-20?

7 answers

GinsengBoostPowerBoost GinsengBoostPowerBoost Sat Nov 23 2024
Ether is not classified as an ERC-20 token.

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Margherita Margherita Sat Nov 23 2024
Instead, there exists a popular variant known as WETH, which is a token that wraps Ether within a smart contract.

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StarlitFantasy StarlitFantasy Sat Nov 23 2024
This wrapping process allows ethers to be utilized in a format compatible with ERC-20 standards.

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BusanBeautyBloom BusanBeautyBloom Fri Nov 22 2024
To retrieve the original ethers, users can call the withdraw function from the contract.

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SamsungSpark SamsungSpark Fri Nov 22 2024
It's important to note that there are ERC-20 tokens named ETH in circulation.

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