I'm trying to understand the difference between ERC-20 and ETH. Are they the same thing, or are there distinct differences between them? I want to clarify my understanding of these two terms in the
Ethereum ecosystem.
7 answers
SamsungSpark
Sun Nov 03 2024
In contrast, ERC-20 tokens operate within a different framework.
Raffaele
Sun Nov 03 2024
Is ERC-20 the same as ETH? The answer is no.
DondaejiDelightfulCharmingSmile
Sun Nov 03 2024
ETH is a cryptocurrency that holds a special position within the Ethereum blockchain.
Sebastiano
Sun Nov 03 2024
It serves as the native currency of the network, enabling various operations.
CrystalPulse
Sun Nov 03 2024
Users employ ETH to pay for transaction fees when interacting with the Ethereum blockchain.