ERC20 Insights

What is ERC20?

ERC-20 is a technical standard for fungible tokens on the Ethereum blockchain. It defines a common set of rules that all ERC-20 tokens must follow, such as how tokens are transferred, how ownership is tracked, and the total supply of tokens. ERC-20 tokens are commonly used for representing digital assets, cryptocurrencies, utility tokens, and other forms of digital value within the Ethereum ecosystem. They allow for easy integration with exchanges, wallets, and other decentralized applications.

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What other technologies are related to ERC20?

ERC20 Competitor Technologies

ERC721

ERC721 is a standard for non-fungible tokens, offering a different approach to tokenization than ERC20's fungible tokens. While both are token standards, they address different use cases and are thus, in a way, competitors.

mentioned alongside ERC20 in 94% (127) of relevant job posts

ERC1155

ERC1155 allows for both fungible and non-fungible tokens within a single contract. While it can handle ERC20-like tokens, its broader functionality makes it an alternative and therefore a competitor.

mentioned alongside ERC20 in 92% (71) of relevant job posts

ERC20 Complementary Technologies

Truffle

Truffle is a development framework that simplifies smart contract development, testing, and deployment. It can be used to create and manage ERC20 tokens, making it a complementary tool.

mentioned alongside ERC20 in 6% (54) of relevant job posts

Solidity

Solidity is the primary programming language for writing smart contracts on Ethereum, including ERC20 contracts, thus it's a complementary technology.

mentioned alongside ERC20 in 2% (144) of relevant job posts

Hardhat

Hardhat is a development environment for Ethereum software. It assists in building, testing, and deploying smart contracts, making it complementary to ERC20 development.

mentioned alongside ERC20 in 5% (52) of relevant job posts