Cryptocurrency Q&A What is the difference between smart contract and ERC20?

What is the difference between smart contract and ERC20?

CryptoWizardry CryptoWizardry Thu Feb 13 2025 | 6 answers 1600
I am trying to understand the difference between a smart contract and ERC20. I know they are both related to blockchain technology, but what are their distinct characteristics and functions? How do they differ in terms of their purpose, usage, and implementation within the blockchain ecosystem? What is the difference between smart contract and ERC20?

6 answers

Daniela Daniela Sat Feb 15 2025
When an ERC-20 token is transferred between wallets, it is considered a transaction.

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CryptoEnthusiast CryptoEnthusiast Sat Feb 15 2025
Transaction Management is a crucial aspect of cryptocurrency operations.

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Margherita Margherita Fri Feb 14 2025
BTCC, a top cryptocurrency exchange, offers comprehensive services that include spot, futures, and wallet management. These services cater to the diverse needs of cryptocurrency users.

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Stefano Stefano Fri Feb 14 2025
Approval and recording of these transactions are necessary steps on the Ethereum blockchain.

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Federico Federico Fri Feb 14 2025
Smart contracts play a pivotal role in automating these transaction processes.

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