ERC-20 Token

314 Articles 15 Followers

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.


ERC 223 Token Standard

2 Feb 2023 2 minute read 0 comments Callisto Network

For those of us already deeply in the trenches of crypto, we reflexively understand why cryptocurrencies are the future of everything from finance to entertainment to education and beyond. But for the mass market, the billions of people who still don...

How to Add a Custom ERC-20 Token, Such as SPOT, to Your Atomic Wallet

26 Jan 2023 2 minute read 7 comments Great White Snark

As many of you know, SPOT has been added as yet another tipping token on Publish0x. For many people, including myself, there was a period in which that was a frustratingly pointless decision, since we had nowhere to which to withdraw it, nor a means...

AI, Arbitrage And Deep Liquidity

7 Jan 2023 1 minute read 0 comments InsideCrypto

Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we are joined by Ahmed Ismail, the CEO and founder of Fluid Finance. Welcome to the 125th episode...

How to Tokenize an Asset: Exclusive Guide

27 Dec 2022 4 minute read 0 comments MintDice.com

With the announcement of Donald Trump’s new NFT collection, many people are wondering how they too can make their own NFTs to sell. Creating an NFT is a process in the blockchain world called asset tokenization. Asset tokenization is process in whic...

The Ethereum Token Standard: What Are ERC-20 Tokens?

24 Oct 2022 7 minute read 7 comments StealthEX

As we mentioned before, there’re different types of blockchains. Depending on their category, they can have a variety of tokens attached to them. In this article, we will further explore the ERC-20 tokens standard and take a look at some of them.  Wh...

E&S: WBTC, Do More With Your Bitcoin

9 Oct 2022 2 minute read 0 comments MikeZillo

Hi Publish0x community! Welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area. In this article we talk about more features of Wrapped Bitcoin! In the last E&S article I introduced you Wrapped Bitcoin (WBTC) and I...

E&S Token Review: Wrapped Bitcoin (WBTC)

2 Oct 2022 3 minute read 1 comment MikeZillo

Hello Publish0x community and welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area. With this article we are going to introduce the 47th cryptocurrency of this section with the 100th “E&S” article. We are almost...

How To Create an ERC-20 Token on Ethereum (ETH): GetBlock’s Step-by-Step Manual

19 Sep 2022 4 minute read 1 comment GetBlock

The team at GetBlock describes the quickest method for creating ERC20 tokens in this short guide. As the most popular token standard on the Ethereum blockchain, implementing the Ethereum Virtual Machine or EVM is usually the first step when creating...

How will the "Merge" affect ERC20 Tokens?

31 Aug 2022 3 minute read 0 comments iCryptobeing

Question: How will the "Merge" affect ERC20 Tokens? Honestly, the answer to this question was not as simple as I thought it would be.  In order to answer this question,  we need to understand  a few things.   #1 Key Terminology- EIP's EIP- Etherum I...

The Journey Ahead After 90%+ Drops | Looking Beyond The Charts

11 Aug 2022 5 minute read 0 comments Ari King

Open in browser The Journey Ahead Thoughts on crypto and what lies ahead for our projects as we continue to grow our users and build during the bear market. Riaru Tochi Aug 11 For anyone who is or was new to crypto - you can now safely say you ha...