
ERC-20 tokens
ERC-20 tokens are a standardized type of digital asset built on the Ethereum blockchain. They function like digital tokens representing assets, rights, or utilities that can be exchanged, transferred, and integrated into various applications consistently. This standard ensures all ERC-20 tokens follow a common set of rules, making it easier for developers to create and work with them across different platforms and wallets. Essentially, ERC-20 tokens enable the creation of custom cryptocurrencies and digital assets within the Ethereum ecosystem, fostering innovation in finance, gaming, and other digital services.