Understanding ERC20 Token Standard in Solidity
Understanding ERC20 Token Standard in Solidity The ERC20 standard is a specification for tokens that operate on the Ethereum blockchain. It defines a common set of rules that all Ethereum-based tokens must follow, ensuring compatibility across different platforms and applications. What is ERC20? 🤔 ERC20 is a technical standard used for smart contracts on the Ethereum blockchain that implements a common list of rules for Ethereum tokens. This standard allows developers to create tokens that are compatible with the broader Ethereum ecosystem. ...