When Bitcoin was first proposed and created its biggest achievement was creating first functional electronic money. That all was enabled because of different achievement in the field, achieving trust in a decentralized system. Thanks to that bitcoin and creation of Blockchain was possible. Such trust is called consensus. You can…

During the Initial Coin Offering, ERC-20 phrase comes up regularly. This phrase is referring to a certain token standard which is widely available on the Ethereum platform. There are many proposed ERC standards but only a few of them gain such popularity as ERC-20. What is ERC?