A token standard which establishes basic operations for cryptocurrencies implemented on the Ethereum Virtual Machine (EVM). Based on Ethereum Improvement Proposal 20 (EIP-20) from November 2015.
One publication found under ERC20
What is a Dapp (Decentralized Application)?
Dapp is a portmanteau of Decentralized Application and refers to computer programs which run on the blockchain and which have self-enforcing business logic implemented via smart c...
Concepts In This Page
DApps
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Portmanteau of Decentralied Apps. Applications stored on the blockchain and which run on decentralized virtual machines.
ERC20
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A token standard which establishes basic operations for cryptocurrencies implemented on the Ethereum Virtual Machine (EVM). Based on Ethereum Improvement Proposal 20 (EIP-20) from November 2015.
Tokens
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Tokens are cryptocurrencies implemented using smart contracts as an additional layer on top of existing blockchains. For example, the ERC20 smart contracts standard enables tokens implemented on the Ethereum blockchain.