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?
6 answers
Daniela
Sat Feb 15 2025
When an ERC-20 token is transferred between wallets, it is considered a transaction.
CryptoEnthusiast
Sat Feb 15 2025
Transaction Management is a crucial aspect of cryptocurrency operations.
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.
Stefano
Fri Feb 14 2025
Approval and recording of these transactions are necessary steps on the
Ethereum blockchain.
Federico
Fri Feb 14 2025
Smart contracts play a pivotal role in automating these transaction processes.