ERC-20 Tokenization Standard
The ERC-20 Tokenization Standard defines a universal set of guidelines and technical specifications for tokens built on the Ethereum blockchain, guaranteeing their efficient operation and compatibility. This standard empowers the creation of tokenized assets that can be easily traded and exchanged alongside renowned cryptocurrencies like bitcoin (BTC) and ether (ETH). By utilizing smart contracts, ERC-20 tokens enable seamless transactions within the Ethereum network and widespread utilization across diverse Ethereum-based decentralized applications (dApps). As the prevailing token standard on the Ethereum blockchain, ERC-20 has played a pivotal role in facilitating the development of numerous significant digital assets.