The Ethereum blockchain has emerged as startups’ and business owners’ top choice for developing crypto tokens in recent years. Additionally, it is distinguished for its excellent smart contract functionality. The global cryptocurrency market uses a variety of token standards, including Ethereum. However, the one-token standard is more popular among startups, investors, and crypto enthusiasts. ERC20 is a well-known Ethereum token standard. The term “ERC” refers to the Ethereum Token Development Request for Comments (ERC) protocol, which is used on the main Ethereum blockchain.
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