ERC-20 Token News, Opinions and Analyses Created by Users

ERC-20 Token

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ERC-20 refers to the token standard of the Ethereum (ETH) network. Several tokens have adopted the versatile standard and the cryptocurrency market is replete with ERC-20 tokens. More popular ones includes Basic Attention Token (BAT), Maker (MKR), Augur (REP), OmiseGO (OMG) and Ziliqa (ZIL). Tens of thousands of ERC-20 tokens exist on the Ethereum mainnet.

ERC-20 tokens do not have their own blockchain, instead running on the Ethereum mainnet. When a token is referred to as an ERC-20 token, what is actually being referred to is the fact that the tokens follow the ERC-20 protocol standard. This protocol is a set of rules and communication standards that enables the use of smart contracts. To a degree, this standard lays a common foundation for these tokens, which allows for multiple tokens to run on the Ethereum network. Without going too much into detail, the ERC-20 standard defines six different mandatory functions within the Ethereum ecosystem, and three optional ones.

The benefits of having a common standard include better smart contract security, a commonality in the tech, and quicker and more convenient token implementation.

The proliferation of the ERC-20 standard has led to the creation of other standards, such as TRON’s TRC 10 and TRC 20 standards. Each comes with its own rules that have been adapted to suit its network.


The total value of Ethereum reached more than $ 100 billion

18 Oct 2020 1 minute read 1 comment Ana_2020

Data from the analytical company Masari show that the total value of assets in the Ethereum ecosystem has exceeded $ 100 billion. According to the Daily Hoodel, in his recent report, Masari, while pointing to the upward trend in value on the smart co...

DigitalNote Is A Hybrid Blockchain With Instant Transactions And Encrypted Messaging Features

18 Oct 2020 3 minute read 3 comments Cryptonator`s

Some blockchains are using a Proof-of-Work (PoW) mechanism, some are using a Proof-of-Stake (PoS) mechanism and then there is DigitalNote. DigitalNote is a robust Proof-of-Work and Proof-of-Stake hybrid blockchain. So let me explain what the benefits...

The Clash Of Meme Coins 🥖 Baguette Token Vs. Ɖogecoin 🐶

16 Oct 2020 2 minute read 16 comments Cryptonator`s

Crypto and memes, that`s a match made in heaven. I believe that every crypto project should have its own memes, stickers, and gifs. However, there are some rare cryptocurrencies that are mainly based on memes like Dogecoin and this new Baguette Token...

A Guide: ChainLink (LINK)

11 Oct 2020 5 minute read 6 comments MintDice.com

There are a ton of cryptocurrencies circulating the markets nowadays, and it’s hard to keep tabs on each and how they solve unique problems. Many people are familiar with the Ethereum blockchain network and how it uses smart contracts to bring legal...

We All Have To Carry A Bag Full Of Shitcoins 💩 Let`s Burn Them All With FUD.finance 🔥

10 Oct 2020 2 minute read 26 comments Cryptonator`s

Let`s be honest, guys. We all have to carry our own bag that`s filled with shitcoins. FUD.finance promises to turn your shitcoin collection into an unforgettable and fun memory. Who knows, maybe these guys are about to create the biggest shitcoin of...

Big partnerships for Martkist. Check them out

9 Oct 2020 3 minute read 0 comments Paraguanads

Martkist has started the last quarter of 2020 with many surprises for its users and holders. Despite the global pandemic and the great challenges that the planet has presented with the new way of living under strict sanitary standards, great projects...

Sierra Hexa Deltas. A New Coin.

5 Oct 2020 1 minute read 0 comments Pauchok

Hi there! Second post! In this post, I'll be talking about a new coin that is currently being made by @nic281. Sierra Hexa Deltas. What Are They? Sierra Hexa Deltas or SHD is an ERC-20 coin. With SHD there is no staking and you get to hold your inve...

NEW GAME TO WIN CRYPTOMOEDA

5 Oct 2020 1 minute read 0 comments Freitastutorial

What is Libra Dragon? Libra dragon is a new game that was developed in the blockchain system of the ethereum network, thus being an Erc20 token with communities all over the world. the dragons How do I win in the game? You will create your registrati...

Earn Tokens Instar

4 Oct 2020 1 minute read 0 comments Freitastutorial

What is Instar? INSTAR is a new digital currency that was created by Insights Network. The primary goal of INSTAR is to enable mutually beneficial data exchange between individuals and organizations using advanced technologies within the Insights Net...

DEXG/USDC Balancer Shared Pool

3 Oct 2020 5 minute read 0 comments DEXToken Protocol

DEXToken goes Balancer. We are pleased to announce the DEXG Balancer Shared Pool. We created the official Balancer Shared Pool as a new way to distribute DEXG reward tokens, while at the same time supporting the liquidity of the project. Providing l...