Questions tagged [erc-20]

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CryptoElite CryptoElite Tue Jun 18 2024 | 6 answers 1536

What is the difference between ERC-20 and ERC 721 tokens?

Could you please explain to me the key distinctions between ERC-20 and ERC-721 tokens? I'm trying to grasp the fundamental differences in their functionalities, use cases, and how they operate within the Ethereum blockchain. I'm also curious about which industries or applications typically prefer one type of token over the other. Could you elaborate on these points in a way that's easy to understand for a non-expert? Thank you in advance for your clarification.

What is the difference between ERC-20 and ERC 721 tokens?
NebulaPulse NebulaPulse Sat Jun 15 2024 | 5 answers 835

Is Optimism an ERC-20?

Could you kindly elaborate on whether Optimism qualifies as an ERC-20 token? I'm curious to understand its categorization within the cryptocurrency ecosystem. Does it adhere to the ERC-20 standards set forth by Ethereum, or does it operate on a different set of principles? Your insights would be greatly appreciated as I'm seeking clarity on this matter.

Is Optimism an ERC-20?
SejongWisdomKeeper SejongWisdomKeeper Fri Jun 14 2024 | 6 answers 1353

Is Injective ERC-20?

Could you please clarify for me if Injective Protocol is indeed an ERC-20 token? I've been hearing about it lately and am trying to understand its technical specifications. As I understand, ERC-20 is a standard used for tokens on the Ethereum blockchain, so it would be helpful to know if Injective adheres to this standard. Could you also explain the significance of this, if it is indeed an ERC-20 token? Thank you for your assistance in clarifying this matter.

Is Injective ERC-20?
Moonshadow Moonshadow Fri Jun 14 2024 | 5 answers 1364

Why is ERC-20 so expensive?

Could you please explain why ERC-20 tokens tend to be relatively expensive? I've noticed that compared to other types of cryptocurrencies, ERC-20 tokens often command higher prices. Is it due to their popularity among investors? Or is it because of the unique features and functionalities they offer? Could you elaborate on the factors that contribute to their high prices? I'm curious to understand the reasons behind this trend.

Why is ERC-20 so expensive?
Margherita Margherita Fri Jun 14 2024 | 7 answers 1384

Is BNB ERC-20 or BEP2?

Could you please clarify for me if BNB is an ERC-20 token or a BEP2 token? I've been trying to understand the differences between these two standards and how they apply to BNB specifically. As a crypto investor, it's important for me to be well-versed in these details, and I'm hoping you can provide some clarity. Could you also explain the significance of each token type and how they function within the blockchain ecosystem? Thank you for your assistance in this matter.

Is BNB ERC-20 or BEP2?

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