Introduction In the world of cryptocurrency, one of the most frequently asked questions by beginners and even some experienced traders is, “What is ERC 20?” This guide will explain what is ERC 20 token, why it’s important, how it works, and how it influences the entire blockchain ecosystem. We’ll also discuss ERC20 wallets, ERC20 networks, ERC20 token creation, and provide a list of ERC 20 tokens to help you better understand this essential part of the Ethereum blockchain.