From f424cf6770f134dd8d6edfdff4d36532100ec34b Mon Sep 17 00:00:00 2001
From: bt3gl <1130416+bt3gl@users.noreply.github.com>
Date: Wed, 21 Sep 2022 20:19:48 -0700
Subject: [PATCH] =?UTF-8?q?=F0=9F=8D=B1=20add=20dets=20on=20standards?=
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+* ERC stands for Ethereum request for comments.
+* These are technical documents written by Ethereum developers for Ethereum community.
+* Each such document contains a set of rules required to implement tokens for the Ethereum ecosystem.
+* You can say ERC is a specific type of EIP.
+
+
+
+
+---
+
### [ERC20](https://github.com/bt3gl-labs/Blockchain-Hacking-Toolkit/blob/main/Solidity-Expert/Token-standards/erc20.md)
* In the case of ERC20, a transaction sending ether to an address changes the state of an address. A transaction transferring a token to an address only changes the state of the token contract, not the state of the recipient address.