ERC 20 token is one of the by products of Etherum Blockchain which is considered as the flexible and most preferable tokens among developers .
Mr. Gavin Wood, founder of etherum, told that,â Bitcoin is first and foremost a currency; this is one particular application of a blockchain and, e-mail is one particular use of the Internet, and for sure helped popularise it, but there are many othersâ Here, he mentioned that the Ethereum Blockchain is not designed for limited applications.
Generally, a Token can be used for multiple purpose.
It may represent a value of digital asset, cryptocurrency, authority of particular company, voting rights, etc, It is widely used in launching ICO and STOâs.
ERC 20 Token Development is not a over not process and also not a tedious one too Letâs explore some new trends Microsoft - A Pioneer in the software Industry has adopted Ethereum Blockchain Technology to empower cilents in partership with consenSys.
Have you ever think about the size of the Block Chain?