Post
Topic
Board Beginners & Help
Re: Token and Coin
by
inooll00
on 31/05/2018, 15:09:10 UTC
I also have another question to pose, What is an ERC20 tocken? What is it used for? I see this word thrown around allot but I'm not understanding?


ERC20 is a technology based on ethereum using smart contracts. So any transfer the token that supports ERC20 requires some fees and GAS of ethereum and that depends on how many tokens will be transferred.