Questions tagged [erc-20]

KatanaSwordsmanshipSkill Mon May 13 2024 | 5 answers 913

Could you please enlighten me on the pros and cons of ERC-20 and TRC-20? I'm trying to decide which token standard is more suitable for my upcoming crypto project. ERC-20 seems to have widespread adoption and compatibility, but I've also heard about the potential benefits of TRC-20. Could you break down the key differences between them and help me understand which one might be a better fit for my needs? Thank you in advance for your expertise and guidance.

Sebastiano Mon May 13 2024 | 6 answers 1633

Could you please enlighten me on the current market value of ERC-20 tokens? I'm quite interested in understanding its worth in today's cryptocurrency landscape. I'm aware that ERC-20 is a widely used technical standard for tokens in the Ethereum blockchain, but its specific worth is something I'm still trying to grasp. Could you provide an up-to-date assessment of its value? Your insights would be greatly appreciated as I'm looking to make informed decisions in the crypto finance world.

KpopStarletShineBrightnessStarlight Mon May 13 2024 | 5 answers 1249

Is ERC-20 truly considered as part of the Ethereum mainnet? This question seems to delve into the technicalities of blockchain technology, specifically within the realm of Ethereum. ERC-20, as we know, is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. But does this automatically classify it as being a part of the mainnet? The Ethereum mainnet, on the other hand, refers to the primary, operational network where transactions and smart contracts are executed. So, are ERC-20 tokens simply compliant with the standards set by Ethereum, or do they actually reside on the mainnet itself? It's a subtle but important distinction that I'd like to clarify.

Federico Mon May 13 2024 | 5 answers 980

Please refer to relevant websites for more information, and feel free to ask me any other questions.

CryptoLegend Mon May 13 2024 | 7 answers 1647

Is stETH categorized as an ERC-20 token? This question is central to understanding the nature and functionality of stETH within the crypto ecosystem. ERC-20 tokens are a standard protocol for fungible tokens on the Ethereum blockchain, allowing for interoperability and ease of integration across various decentralized applications. Given the importance of standardization in crypto, it's crucial to know if stETH adheres to the ERC-20 specifications. This knowledge affects how it can be used, traded, and integrated into smart contracts and DApps. Clarifying this point would greatly enhance my understanding of stETH's role in the broader crypto landscape.