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How long does it takes to develop ERC20 Token?

ERC stands for Ethereum Request for Comments. An ERC20 token is the digital tokens that can be used on the Ethereum Platform. Ethereum is a decentralized network that is able to support decentralized applications such as DApps that can be built on the existing Ethereum blockchain. ERC20 tokens can be transferred from one account to another as payment. The Ethereum functions written by using the language called solidity.

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Ethereum Token

Ethereum is the most commonly used blockchain network which is specialized for its premium smart contract functionality. Ethereum request for comments (ERC) is a protocol of the ethereum blockchain network and token is a script running on the ethereum blockchain. ERC tokens are backed by assets on blockchain peer to peer network and can be traded or exchanged like bitcoin, ethereum and other cryptocurrencies.The ERC tokens are generally used for crowdfunding (ICO) to make capital for business.

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How long does it takes to develop ERC20 Token?

Ethereum Token