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 ...
© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2022
D. P. BauerGetting Started with Ethereum https://doi.org/10.1007/978-1-4842-8045-4_33. ERC-20: Fungible Tokens
Davi Pedro Bauer1
(1)
Campo Bom, Rio Grande do Sul, Brazil
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