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What Are Ethereum ERC20 Tokens?



ERC20 is a set of standards on the Ethereum blockchain that allows developers to create their own tokens. In this article, we explore what ERC20 tokens are and how they work.

ERC20 tokens have made the Ethereum blockchain very popular as it provides an easier way for projects to develop blockchain products rather than building their own cryptocurrency.

Why ERC20 Tokens?

Developers of Ethereum realized that there was a trend of new tokens being created on the blockchain. However, the biggest issue with these tokens was the complications that made it difficult for the tokens to interact with each other ...

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