book

Getting Started with Ethereum: A Step-by-Step Guide to Becoming a Blockchain Developer

Name: Getting Started with Ethereum: A Step-by-Step Guide to Becoming a Blockchain Developer
Author: Davi Pedro Bauer
ISBN: 9781484280454

by Davi Pedro Bauer

July 2022

Beginner to intermediate

141 pages

2h 9m

English

Apress

Content preview from Getting Started with Ethereum: A Step-by-Step Guide to Becoming a Blockchain Developer

D. P. BauerGetting Started with Ethereum https://doi.org/10.1007/978-1-4842-8045-4_3

3. ERC-20: Fungible Tokens

Davi Pedro Bauer¹

(1)

Campo Bom, Rio Grande do Sul, Brazil

Fungible tokens are tokens where each unit has the same value, in the same way as fiat currency. This means you can exchange one unit of this currency for another unit of this currency for the same amount. Thinking about replicating this behavior on the blockchain, Fabian Vogelsteller and Vitalik Buterin proposed the creation of ERC-20, “Ethereum Request for Comments 20,” in November 2015 to create a simple format for Ethereum-based tokens. These tokens work within the Ethereum blockchain ...

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Getting Started with Ethereum: A Step-by-Step Guide to Becoming a Blockchain Developer

by Davi Pedro Bauer

3. ERC-20: Fungible Tokens

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.