Cryptocurrency Q&A
Is ENS an ERC-20?
Is ENS an ERC-20?
NebulaNavigator
Wed Jun 26 2024
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5 answers
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Could you elaborate on whether the Ethereum Name Service (ENS) token is classified as an ERC-20 token? I've heard some discussions around this but would like a more definitive answer. The ERC-20 standard has become the de facto standard for tokens issued on the Ethereum blockchain, but I'm not entirely clear on whether ENS fits into this category. Understanding this classification is important for investors and developers alike, as it determines how the token can be used and integrated into Ethereum-based projects. Clarifying this point would be greatly appreciated.
5 answers
Ilaria
Fri Jun 28 2024
ENS, an ERC-20 utility token, is intricately linked to the Ethereum Name Service (ENS).
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ZenBalanced
Thu Jun 27 2024
BTCC, a cryptocurrency exchange based in the UK, offers a wide range of services including spot trading, futures trading, and wallet management.
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CherryBlossomDance
Thu Jun 27 2024
ENS represents a decentralized naming system that functions within the Ethereum network, providing a unique identifier system for various digital assets and services.
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emma_carter_doctor
Thu Jun 27 2024
To reward its community members and contributors, the ENS token was distributed through an airdrop mechanism.
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OpalSolitude
Thu Jun 27 2024
This airdrop targeted three primary groups: holders of ENS domains, those who have contributed to the ENS project, and the treasury of the ENS DAO community.
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