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  1. Home
  2. /Glossary
  3. /ERC-20
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blockchain

ERC-20

The technical standard for tokens on Ethereum.

Definition

The technical standard for tokens on Ethereum. It defines basic functions like transfer and balance checking so all ERC-20 tokens work with any wallet or exchange that supports the standard. Most tokens you've heard of are ERC-20s.

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Learn More About ERC-20

GuideWhat is Ethereum? Complete Guide

Related Terms

Ethereum

A blockchain platform that enabled smart contracts and decentralized applications.

Token

A digital asset created on an existing blockchain rather than its own chain.

Smart Contract

Self-executing code stored on a blockchain that runs when conditions are met.

ABI

Application Binary Interface.

Account Abstraction

A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.

ERC-4337

The Ethereum standard for account abstraction without changing the core protocol.

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