ERC-20 Token

If you keep seeing the term ‘ERC-20 Token’ thrown around and wonder what the hell it is - it means the token or coin is built on Ethereum.

Still confused? We’ll put it like this:

It’s kind of similar to how the Safari Browser is built for the Mac operating system.

The Safari Browser is not the MacOS, but it is designed to work with it.

In this analogy, the ‘Safari Browser’ is the ERC-20 Token and ‘MacOS’ is the Ethereum blockchain.