A Short Overview Of The ERC-20 Token

August 18, 2023 ⚊ 1 Min read ⚊ Views 73 ⚊ BLOG

A standardized kind of digital asset or cryptocurrency that is created and run on the Ethereum blockchain is known as an ERC-20 token. The technical term “ERC” stands for “Ethereum Request for Comment,” which is used to suggest enhancements and standards for the Ethereum platform. The unique proposal identifier assigned to this specific token standard is represented by the number “20”. ERC-20 tokens are easily exchangeable on cryptocurrency exchanges since they are fungible, or identical to other tokens of the same type. And will you eventually need an ERC20 token development company or a crypto token development company to create your tokens?

Read details: https://lbmsolutions.in/the-development-of-erc20-tokens-in-2023/?utm_source=erc-20+token&utm_campaign=neha

Tags: # token # blockchain #

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