Cryptocurrency Q&A
Is ERC20 the same as Ethereum mainnet?
Is ERC20 the same as Ethereum mainnet?
OliviaTaylor
Thu Dec 26 2024
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7 answers
1069
The user wants to know if ERC20 is the same as the Ethereum mainnet, possibly seeking clarification on the relationship between ERC20 tokens and the main Ethereum network.
7 answers
Martino
Sat Dec 28 2024
ERC20, on the other hand, is a technical standard used on the Ethereum blockchain. It specifies a common list of rules for creating smart contracts on Ethereum.
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WhisperWind
Sat Dec 28 2024
On this platform, smart contracts can be executed, which are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code.
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Maria
Sat Dec 28 2024
Decentralized applications, or dApps, can also be hosted on Ethereum, leveraging the blockchain's decentralized nature to provide secure and transparent services.
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JejuJoyfulHeartSoulMate
Sat Dec 28 2024
Cryptocurrencies are another crucial aspect of Ethereum, as it allows for the creation and use of digital currencies.
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Riccardo
Sat Dec 28 2024
The question arises whether ERC20 is identical to Ethereum.
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