Cryptocurrency Q&A
Is Arbitrum one an ERC-20?
Is Arbitrum one an ERC-20?
DongdaemunTrend
Wed Sep 25 2024
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1 answers
372
Excuse me, could you please clarify something for me? I've been reading about Arbitrum and I'm a bit confused. I understand that ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain, allowing for the creation of tokens that are compatible with the Ethereum ecosystem. However, I'm not sure if Arbitrum falls under this category. Is Arbitrum an ERC-20 token, or is it something else entirely? I'd appreciate any clarification you can provide.
1 answers
GeishaMelody
Fri Sep 27 2024
This makes it an attractive option for those seeking cost-effective and efficient transactions.
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