After Bitcoin’s success, the market exploded with thousands of new coins that captured the imagination of hundreds of millions of people around the world. Detractors sprang up to warn about bubbles, governments got involved in an effort to regulate the industry, and pragmatic businesses jumped right into the fray to reap the benefits of the cryptocurrency disruption. But what is cryptocurrency really? How does it work? Why are there so many coins? Which are successful and why? We have all the information you need right here on this page to help you draw your own conclusions about cryptocurrency!
What is an ERC20 Token?
An ERC20 token is a token based on a protocol that establishes a standard for the behavior of tokens on Ethereum, but can be adapted to other networks.