WHAT IS ERC-20?

One Of The Most Significant Ethereum Tokens Is Known As ERC-20. ERC-20 Has Emerged As The Technical Standard, It Is Used For All Smart Contracts On The Ethereum Blockchain For Token Implementation And Provides A List Of Rules That All Ethereum-Based Tokens Must Follow.

ERC-20 Is Similar, In Some Respects, To Bitcoin, Litecoin, And Any Other Cryptocurrency, ERC-20 Tokens Are Blockchain-Based Assets That Have Value And Can Be Sent And Received. The Primary Difference Is That Instead Of Running On Their Own Blockchain, ERC-20 Tokens Are Issued On The Ethereum Network.