Tag: erc20

Ethereum’s ERC-20 Token Standard Has Been Formalized

The standard that governs how new cryptographic tokens can be launched on top of the ethereum blockchain has been been finalized. Revealed today by the open-source project's developer team, the ERC-20 standard establishes a common set of rules for tokens issued via ethereum smart contracts, and currently serves as the basis for the many tokens that have been released through initial coin offerings (ICOs). The standard has now been formalized on the ethereum GitHub page, meaning that going forward, all tokens built on ethereum should conform to the standard. ERC-20 was previously unenforced, but it had been readily adopted by token developers since its introduction in late 2015. The standard ensures that…

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