Cryptocurrency Q&A
Is ETH ERC-20 compatible?
Is ETH ERC-20 compatible?
Paolo
Mon May 13 2024
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6 answers
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Could you please clarify if Ethereum, commonly referred to as ETH, is compatible with the ERC-20 standard? I've heard that ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain that define certain rules and functionalities for tokens. However, I'm not entirely sure if all Ethereum tokens adhere to this standard or if there are exceptions. It would be helpful if you could explain the relationship between ETH and ERC-20, and whether ETH itself is considered an ERC-20 token. Thank you for your assistance in clarifying this matter.
6 answers
Eleonora
Wed May 15 2024
ERC20 tokens share a unified set of rules and functionalities.
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MichaelSmith
Wed May 15 2024
Tokens built on the Ethereum blockchain have specific characteristics.
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Maria
Wed May 15 2024
ERC20 is a common token standard utilized on Ethereum.
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Giuseppe
Tue May 14 2024
Nevertheless, ERC20 is not the only token standard on Ethereum.
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mia_rose_lawyer
Tue May 14 2024
ERC721, for instance, differs from ERC20 in its functions and applications.
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