ERC20 are tokens used exclusively on the Ethereum blockchain. The Ethereum blockchain is a network of centralized computers that provide computing power for developers to create Decentralized applications (Dapps). The platform also allows the creation of smart contracts that are used to create ERC-20 tokens. They also record and facilitate the same tokens. ERC20 also acts as tokenized index of digital coins and allows users to track and invest in various ERC20 tokens. The profits earned areShow more [+] distributed among the top 20 holders of ERC20 tokens. These holders are paid in Ether, a cross-platform cryptocurrency used to run operations on the Ethereum blockchain.
ERC20 is a token that is premined, and has a total supply of about 13 billion. It is supported by multiple wallets including Trezor, MtEtherWallet, Etherwall, MetaMask, SelfKey wallet, Infinito Wallet, Atomic Swap, HB Wallet and many others. The token is currently listed for trade on Mercatox and Kuna exchanges.