Let's understand the ERC20 standard.
Let's understand the ERC20 standard.
ðļWhat is ERC20 Standard?
ERC20 is an Ethereum-based token standard. Must comply with ERC20 tokens can be transferred and received. In 2019, up to 200,000 tokens support the ERC20 standard.
ðļ Benefits of ERC20
ERC20 contributes to the introduction of new coins into the market. ERC20 also provides a function that tells the number of coins. how to exchange coins How to access coin information and also signal to every coin work together without interruption in the system
ðļERC20 Fault Found
The ERC20 is very new and uncomplicated. What I found was System crashes while sending tokens directly to smart contract causing coins to be lost. But in the future, hopefully there will be a solution to this problem.
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