Glossary term

ERC20

A protocol that outlines the specific functions and events that allow blockchains to interact with other via the Ethereum Blockchain. ERC20 tokens are currently the de facto token…

  • Updated August 17, 2018
  • First published April 25, 2018
  • Reading time 1 minute

Definition

Understand the fundamentals, context, and nuances behind this term.

A protocol that outlines the specific functions and events that allow blockchains to interact with other via the Ethereum Blockchain. ERC20 tokens are currently the de facto token of choice for most ICO’s.