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Ethereum’s ERC-20 Token Standard Has Been Formalized
Editorial Team

The standard has now been finalized for the Ethereum ERC 20 Token. All the future tokens have to comply to these standards. ERC 20 standard has common set of rules for tokens issued via Ethereum smart contracts. ERC 20 standard helps the assets more easily interchangeable and can work with the Dapps with the same standard. Every other token created are a sub currency of the Ethereum network – it is very easy to implement. This is an important step as Ethereum is going to shortly launch the next upgrade Metropolis. The entire token can now follow a fixed standard of security using this standard. The formalized standards are available on the Ethereum Git Hub page. More details on the Standard can be found from https://theethereum.wiki/w/index.php/ERC20_Token_Standard

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