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What does the 20 in ERC20 mean or relate to?
Suggested Answer: D
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ERC stands for Ethereum Request for Comments. This is an official protocol for proposing improvements to the Ethereum network. '20' is the unique proposal ID number.
13 comments · newest first
AL
Aleshia
1 month ago
But isn't it more about the update number? It shows the evolution of the token standard.
MA
Marguerita
1 month ago
I agree with Eleonore. Proposal ID number fits better with ERC standards.
KA
Katheryn
2 months ago
I feel like it's more of a release number. Makes sense for updates.
EL
Eleonore
2 months ago
I think the 20 refers to a proposal ID number.
XO
Xochitl
2 months ago
Yeah, it's Proposal ID, makes sense!
SI
Simona
2 months ago
Definitely related to the proposal ID number!
BE
Ben
2 months ago
Wait, so it doesn't mean anything specific?
IL
Iluminada
3 months ago
I thought it was just a random number.
LA
Lauran
3 months ago
It's the token standard for Ethereum!
LO
Louvenia
3 months ago
I thought the "20" was linked to an update number, but now I'm questioning if it's actually a BIP number instead.
RO
Rodrigo
3 months ago
I feel like I came across a similar question about token standards, and I think it might be related to a release number, but I could be mixing it up.
EV
Evelynn
3 months ago
I remember studying that ERC20 is a standard for tokens on Ethereum, but I can't recall what the "20" specifically stands for.
PI
Pilar
3 months ago
I think the "20" in ERC20 refers to a specific proposal ID number, but I'm not entirely sure.