What is an Ethereum Token — ERC 20
Published in
6 min readJun 4, 2020
For a beginner, the whole concept of Ethereum and the Ethereum token can quickly become confusing. The idea that Ethereum not only has its own currency (ether) but also tokens, which can act as currency themselves, is confusing for many. Before we can even understand what Ethereum tokens are all about, it is important to understand some basic concepts of the Ethereum network.