
What Is ERC-20? The Ultimate Guide to Ethereum’s Token Standard
What Is ERC-20? ERC-20 is the most widely used token standard on Ethereum, defining how fungible tokens behave on the blockchain. Fungible means each token is identical in type and value to another. Created in 2015 and formally accepted in 2017, ERC-20 outlines functions every compliant token must have, ensuring interoperability and compatibility within the…