Welcome to the Ask SCN Community Forums Global Forum General Discussion What Crypto Users Need to Know: The ERC20 Standard

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    The ERC20 Token contract is the smart contract code logic that executes the fungible token action. When a contract is implemented on Ethereum, it can be swapped out for any tokens having a comparable value. Because of this, the ERC20 token standard is utilised for crypto staking, voting, and the exchange of digital currency. Tokens made with the ERC20 standard can be imported into Ethereum virtual machines by anyone.

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