An overview of ERC20, the token standard that promotes interoperability across the Ethereum blockchain network and its many applications.
USDC is a stablecoin created by Coinbase and Circle. Also called USD Coin, it attempts to maintain a constant value relative to the US dollar, though it has occasionally suffered from de-pegging. USDC operates as an ERC-20 token, meaning it runs on the Ethereum blockchain. After being ma...
What Is ERC-20? ERC-20 is the technical standard for fungible tokens created using the Ethereum blockchain. A fungible token is one that is exchangeable with another token, whereas the well-known ERC-721 non-fungible tokens (NFTs) are not. ERC-20 allows developers to create smart-...
Fungible tokens, like USDT or Bitcoin , are interchangeable; one unit is equivalent to another. This interchangeability is akin to commodities like crude oil, where one barrel is equivalent to another of the same quality. NFTs, however, are unique and not interchangeable. Each NFT has distinct...
Avoid ERC20 and Ethereum mainnet In short, the most expensive blockchain to transfer USDT now is ETH blockchain. This might change in future (when Ethereum mainnet switches to Proof of Stake consensus mechanism), but this is the current state (summer of 2022). So, you may want to use ...
ERC stands for Ethereum Request for Comment, and 20 is the number that was assigned to this request. The clear majority of tokens issued on the Ethereum blockchain are ERC-20 compliant, and the clear majority of your airdropped tokens is going to be ERC-20 ones. Just to give you an ...
so make sure never to send one coin to the address of another coin type. Bitcoin to Bitcoin addresses. Ethereum to Ethereum addresses. Ripple to Ripple addresses. Some ERC20 tokens (tokens created using Ethereum) can be sent to Ethereum addresses, but this is an exception that you'll le...
Uniswap is the largest DEX in the world, offering a wide range of ERC-20 tokens available for trade. Through the use of liquidity pools and its automated market maker (AMM) infrastructure, Uniswap is able to facilitate buy and sell side trades without the need to directly connect a buyer ...
iAgent Secures $3M, Launches $AGNT, and will Introduce a New ERC-** Standard for AI Agents Chainwire 1 day ago Commitment to Transparency: The author of this article is invested and/or has an interest in one or more assets discussed in this post. CryptoSlate does not endorse any projec...
Launched in 2017, Dai is an Ethereum-based stablecoin that has the fixed price of one US dollar. The ERC-20 stable token is also prominent in theMakerDAO lending system. A Dai is created every time someone takes out a loan on MakerDAO. The price of each stablecoin is kept in check usi...