A token contract is simply an Ethereum smart contract . “Sending tokens” actually means “calling a method on a smart contract that someone wrote and deployed”. At the end of the day, a token contract is not much more a mapping of addresses to balances, plus some methods to add and subtract from those balances.
Read moreWhat is ETH token contract address?
Ethereum Token (ETH) ERC20 Token in Binance Smart Chain Mainnet. Token is implemented as ERC20 smart contract with address 0x2170ed0880ac9a755fd29b2688956bd959f933f8 .
Read moreAre all tokens smart contracts?
But not all smart contracts are tokens , according to Martha Bennett, a principal analyst at Forrester Research. “You can have smart contracts running on Ethereum that trigger an action based on a condition without an ERC-20 or ERC-721 token involved,” she said.
Read moreWhat are ERC20 tokens?
ERC20 is a technical standard for tokens issued on the Ethereum blockchain.
Read moreHow many ERC20 tokens are there?
ERC-20 Defines a Common List of Rules. As of August 2021, around 442,647 ERC-20-compatible tokens exist on Ethereum’s main network.
Read moreHow much is an ERC-20 token worth?
ERC20 Price Statistics ERC20 Price$0.02807Price Change24h$0.0008203 3.01%24h Low / 24h High$0.02718 / $0.02817Trading Volume24h$450.58 22.66%Volume / Market Cap0.00001422ERC20 price today, ERC20 to USD live, marketcap and chart coinmarketcap.com › currencies › erc20
Read moreWhat is an ERC token?
Key Takeaways. An ERC20 token is a standard used for creating and issuing smart contracts on the Ethereum blockchain . Smart contracts can then be used to create smart property or tokenized assets that people can invest in. ERC stands for “Ethereum request for comment,” and the ERC20 standard was implemented in 2015.
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