Decoding the ERC-20 Token Standard

The ERC-20 Standard: An Introduction to Ethereum’s Token Protocol

The ERC-20 standard is a technical specification used on the Ethereum Blockchain for smart contracts. Proposed in 2015 by Fabian Vogelsteller, it allows developers to create and deploy their own tokens on the Ethereum network. By adhering to the ERC-20 standard, developers can ensure interoperability and facilitate the trading of tokens on Ethereum-based decentralized exchanges (DEXs).