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Blockchain CBSA Exam - Topic 3 Question 107 Discussion

What does the 20 in ERC20 mean or relate to?
D) Proposal ID number
A) BIP number
B) Release number
C) Update number

Blockchain CBSA Exam - Topic 3 Question 107 Discussion

Actual exam question for Blockchain's CBSA exam
Question #: 107
Topic #: 3
[All CBSA Questions]

What does the 20 in ERC20 mean or relate to?

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Suggested Answer: D

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.


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Katheryn
4 days ago
I feel like it's more of a release number. Makes sense for updates.
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Eleonore
10 days ago
I think the 20 refers to a proposal ID number.
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Xochitl
15 days ago
Yeah, it's Proposal ID, makes sense!
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Simona
20 days ago
Definitely related to the proposal ID number!
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Ben
25 days ago
Wait, so it doesn't mean anything specific?
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Iluminada
1 month ago
I thought it was just a random number.
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Lauran
1 month ago
It's the token standard for Ethereum!
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Louvenia
1 month ago
I thought the "20" was linked to an update number, but now I'm questioning if it's actually a BIP number instead.
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Rodrigo
2 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.
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Evelynn
2 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.
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Pilar
2 months ago
I think the "20" in ERC20 refers to a specific proposal ID number, but I'm not entirely sure.
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