Could you please elaborate on what you mean by "the most used ERC"? ERC typically stands for Ethereum Request for Comment, which is a way to propose new ideas or standards for the Ethereum blockchain. Are you referring to the most popular ERC tokens, the most widely implemented ERC standards, or something else entirely?
If we're talking about ERC tokens, ERC-20 is certainly one of the most commonly used standards. It defines a common set of rules for fungible tokens, enabling their seamless integration into Ethereum-based wallets, exchanges, and smart contracts. ERC-20 tokens have become a staple in the cryptocurrency ecosystem, powering a wide range of projects and applications.
However, there may be other ERCs that are more prevalent in specific niches or use cases. For instance, ERC-721 represents a standard for non-fungible tokens (NFTs), which have gained significant popularity in recent years.
Could you clarify your question to help me provide a more accurate answer?
6 answers
Chiara
Wed May 15 2024
ERC-20 stands as the most widely-adopted token standard.
benjamin_brown_entrepreneur
Tue May 14 2024
These NFTs are unique and not interchangeable with others.
CharmedSun
Tue May 14 2024
It outlines a comprehensive set of rules for the creation of fungible tokens.
PearlWhisper
Tue May 14 2024
Fungible tokens, under ERC-20, are interchangeable with each other.
BitcoinBaron
Tue May 14 2024
On the contrary, ERC-721 defines a distinct standard.