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Namal Harshana (OP)
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November 04, 2017, 05:42:06 PM
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Hi
What is the meaning of ERC20 ? Is it a trading platform or a coin.I saw that word in so many places in telegram groups.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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November 04, 2017, 06:04:45 PM
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Quote from: Namal Harshana on November 04, 2017, 05:42:06 PM
Hi
What is the meaning of ERC20 ? Is it a trading platform or a coin.I saw that word in so many places in telegram groups.

ERC20 points to Ethereum, ERC20 is how they currently call their token system. https://coinmarketcap.com/tokens/ all tokens here hosted on ethereum are ERC20 tokens

See https://theethereum.wiki/w/index.php/ERC20_Token_Standard for more information about it.

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