ERC-20 tokens ?

[annasadia]

I previously heard about ERC-20 but I don't have any clear idea about it. I just know that ERC-20 belongs to the same blockchain as Ethereum does.

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[Mi5h0]

I previously heard about ERC-20 but I don't have any clear idea about it. I just know that ERC-20 belongs to the same blockchain as Ethereum does.

What are you confused about? ERC-20 standard or ERC-20 tokens in general?

The vast majority of tokens on the Ethereum network are compatible with the ERC-20 standard. It's just a set of rules and guidelines that smart contracts are designed to be able to communicate with each other. So we have, for example, wallets, exchanges and other applications on ethereum network that are compatible with other dapps (tokens, etc.)...

[CriptoDerek]

Hello guys, I am new to this forum. I want to know what is ERC-20 token and what relation it has with Ethereum.
Thank you

Bro, google will help you. And so, this is the future of digital technologies.

[jamesbtcearn]

ERC20 tokens are made on the Ethereum block chain. They use savvy contracts. In the event that you make your own particular ERC20 token and it will have a similar deliver that you use to get Eth with. Your wallet should be set up to see these tokens however. Upside is it enables anybody to make their own token. Drawback is it enables anybody to make their own tokens. Bit coin is the best for investment.

[jasonhart]

You are deeeply welcome in this forum. ERC-20 token is a thing which are created on the Ethereum blockchain.BTCBTC

[BettingTips]

Why don't you search it out on Google before creating this topic? I think it's already available on the interenet and you can easily find it out . You can understand easily that ERC20 token is token created depend on blockchain of ETH. These tokens don't have its own blockchain so you need to use ETH explorer to track transaction of these tokens

[Mi5h0]

ERC20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens [1]. ERC stands for Ethereum Request for Comment, and 20 is the number that was assigned to this request.

If you quote something it is important to specify the source. No exceptions. Bitcointalk has a pretty strict policy when it comes to plagiarism.

Original source: https://en.wikipedia.org/wiki/ERC20

[KSHMR]

ERC-20 is related to ethereum. There many ERC-20 token where you can sell it in ethereum.

[kevinpeck]

ERc20 is one of the productions of ethereum blockchain. It basically, deals with the smart contacts of cypto coin users. You can say ERC20 token is a part of ethereum.

[Zeke_23]

Hello guys, I am new to this forum. I want to know what is ERC-20 token and what relation it has with Ethereum.
Thank you

you can use google for that kind of questions. it is more accurate to gather information via google. you dont need to get other peoples idea about it because they are all gonna say the same thing as google.

[adrianto1995]

Hello guys, I am new to this forum. I want to know what is ERC-20 token and what relation it has with Ethereum.
Thank you

Next time, if you need some information about crypto, try to search on the Google first...
There are so many articles that you can find on Google...

Here some article that can answer your question about ERC-20 Token :

• https://www.investopedia.com/news/what-erc20-and-what-does-it-mean-ethereum/
• https://en.wikipedia.org/wiki/ERC20
• https://www.cryptoniam.com/what-is-erc20/
• https://99bitcoins.com/what-are-erc-20-tokens/
• https://coinsutra.com/what-is-erc20-token/

and here video explanation about ERC-20 :

https://www.youtube.com/watch?v=1tSpSXCxFbg

[cryptovally01]

Honestly speaking i have not enough idea about ERC20 tokens. As far as i know it is connected with ethereum. I think peoples get valuable information there.

[Bulldozer_Boon]

Hi

Kinda trying to understand everything behind Ethereum. With the popularity of ERC20 Tokens especially within upcoming ICOs, does this not reflect that the Ethereum Blockchain tech is the tech that most coins will be moving on to since its use of smart contract tech and that ETH is probably the most stable future coin or tech? Also which type of wallet is connected to holding ERC20 tokens?

[ABMARK]

ERC20 tokens are made on the Ethereum block chain system. In the event that you make your own particular ERC20 token and it will have a similar deliver that you use to get Ethereum. Your wallet should be set up to see these tokens however. Upside is it enables anybody to make their own token. Drawback is it enables anybody to make their own tokens but Bitcoin is the best for investment because of its profit.                                    

[Roxterrio]

ERC20 tokens are made on the Ethereum block chain system. In the event that you make your own particular ERC20 token and it will have a similar deliver that you use to get Ethereum. Your wallet should be set up to see these tokens however. Upside is it enables anybody to make their own token. Drawback is it enables anybody to make their own tokens but Bitcoin is the best for investment because of its profit.                                    

Then better create ERC23 tokens, as they are way superior to ERC20 but also backwards compatible.

[AmaliyaKira]

So many answers, and everyone's talking about the same thing. Already told everything. I think you should just go and read the resources about cryptocurrency, you will find a lot of information there.

[Ydentity]

Hello guys, I am new to this forum. I want to know what is ERC-20 token and what relation it has with Ethereum.
Thank you

This is what I got from Wiki,
ERC20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. ERC stands for Ethereum Request for Comment, and 20 is the number that was assigned to this request. The clear majority of tokens issued on the Ethereum blockchain are ERC20 compliant.
ERC20 defines a common list of rules for Ethereum tokens to follow within the larger Ethereum ecosystem, allowing developers to accurately predict interaction between tokens. These rules include how the tokens are transferred between addresses and how data within each token is accessed.

[zhaviabieber405]

They run on the ETH network, you have to pay a small amount of ETH if you want to send them to a different wallet, most use myetherwallet to store them.

[pumbum]

in practice, this means that Ethereum acts as a computing machine for its tokens. The address is the same for all tokens running on Ethreum. but you need to keep in mind that the exchanges give the address only to replenish a certain token, not all types of Ethreum tokens. I noticed that they can give you the coins of one token sent to the address of another token or to the address Ethreum, but it takes a long time and only for very large amounts. So be careful

[Godpikin]

Erc 20 is just an Ethereum blockchain based compatible wallet. Wallets of such could be Metamask, IM Token, MEW, EIDOO etc. These are all ERC 20 Compatible wallets.