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blockchains-security-toolkit/master_solidity/token_standards/README.md
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Token standards


  • 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

  • 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.

ERC777


ERC721