Pin it! What is ERC-20?
ERC-20 serves as the technical standard for creating fungible tokens utilizing the Ethereum blockchain. Unlike non-fungible tokens (NFTs) such as ERC-721 tokens, fungible tokens are interchangeable with one another.
ERC-20 empowers developers to craft tokens enabled with smart contracts, facilitating their utilization across various products and services. These tokens represent various entities, including assets, rights, ownership, access, cryptocurrencies, or other transferrable items that lack inherent uniqueness.
Added in Cryptocurrency
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