Topic: Differentiates Token ERC20 and Standard Token (Read 115 times)
What are you calling a Standard Token, are you talking about altcoins, like Litecoin for example?
If you pay attention, the address of the token using ERC20 technology will be assigned 0x and these Tokens are purchased with Ethereum (ETH). These types of tokens can be stored in your MyEtherWallet wallet (and some of the other wallets below) easily and share your ETH wallet address.
When you access an Ethereum wallet application, you can show the tokens you are holding, and these ERC20 assets are shared with the same address as your Ethereum address. All ERC20 tokens are traded on the Ethereum network. An ETH address is also the address of the token.
Tokens that use ERC20 technology when you want to send someone a small fee for each transaction. However, the processing speed for each transaction is extremely fast, and other types of Token can not be compared. One advantage of the ERC20 technology is the combination of intelligent contracts. This will help you to secure the transaction, in case you send the Token to someone else but wrong address, then this technology will report the address of the wallet and you can not send the Token to others.
When you access an Ethereum wallet application, you can show the tokens you are holding, and these ERC20 assets are shared with the same address as your Ethereum address. All ERC20 tokens are traded on the Ethereum network. An ETH address is also the address of the token.
Tokens that use ERC20 technology when you want to send someone a small fee for each transaction. However, the processing speed for each transaction is extremely fast, and other types of Token can not be compared. One advantage of the ERC20 technology is the combination of intelligent contracts. This will help you to secure the transaction, in case you send the Token to someone else but wrong address, then this technology will report the address of the wallet and you can not send the Token to others.
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