We are building EduLadder(ELADR) - Protocol

The Eladr Protocol is a decentralized, security and efficiency enhanced Web3 noSQL database powered by IPFS as the data storage layer https://ipfs.io/, and the Cardano block chain as the rewards token platform, https://cardano.org/. It provides a JSON based, IPFS layer 2 solution for data indexing and retrieval in an 'append only' file system built with open source Node.js API libraries.

The ELADR token was designed to incentivize and reward community members as a proof of contribution. Token holders are also granted access to EduLadder.com premium features as well as associated ELADR token enabled apps.


Real Problems! Real Experts!

Join Our Telegram Channel !

The Eduladder is a community of students, teachers, and programmers. We help you to solve your academic and programming questions fast.
In eduladder you can Ask,Answer,Listen,Earn and Download Questions and Question papers.
Watch related videos of your favorite subject.
Connect with students from different parts of the world.
Apply or Post Jobs, Courses ,Internships and Volunteering opportunity. For FREE
See Our team
Wondering how we keep quality?
Got unsolved questions? Ask Questions

SYSTEM-SOFTWARE-10CS52-Unit-7-->View question

Explain the advantages of ERC20 tokens in crypto?

Explain the advantages of ERC20 tokens in crypto?

Asked On2022-02-02 17:18:39 by:Gubba-Chandana

Taged users:

Be first to like this question

Be first to dislike this question
Talk about this  Like  Dislike
View all questions

Answer: Features and benefits of ERC20 token

  • Interacts with other currencies
  • Smart contract
  • Used on compatible platforms, projects, exchanges.
  • Ensures operation with decentralized applications (Dapps)
  • Secure and easy transaction
  • Makes assets interchangeable
  • ERC stands for Ethereum Request for Comments and the 20 indicate what the token is capable of doing, how it will interact with smart contracts and other dapps - the guide above explains how different types of these tokens are compared to each other.

    ERC-20 is the most popular of the Ethereum token standards - such a token can be used within the network and by other applications, like decentralized exchanges and wallets. In order to create an ERC-20 token there are a number of technical functions, such as total supply, transfer, etc. There are currently around 364,000 ERC-20 tokens in existence: Understanding Ethereum Tokens - ERC-20

    The most popular examples of ERC-20 tokens are Binance Coin (BNB) with a market cap of $39 billion, Tether (USDT) with a market cap of $35 billion, and Chainlink (LINK) with a market cap of $10 billion.

Answerd on:2022-02-02 Answerd By:AanchalKumari

Be first to like this answer

Be first to dislike this answer
Talk about this  Like  Dislike

Type your answer here in no less than 50 words :

Lets together make the web is a better place

We made eduladder by keeping the ideology of building a supermarket of all the educational material available under one roof. We are doing it with the help of individual contributors like you, interns and employees. So the resources you are looking for can be easily available and accessible also with the freedom of remix reuse and reshare our content under the terms of creative commons license with attribution required close.

You can also contribute to our vision of "Helping student to pass any exams" with these.
Answer a question: You can answer the questions not yet answered in eduladder.How to answer a question
Career: Work or do your internship with us.Work with us
Create a video: You can teach anything and everything each video should be less than five minutes should cover the idea less than five min.How to upload a video on eduladder