ERC stands for EthereumEthereum is an open-ended, decentralized, blockchain-based, public software platform that facilitates peer-to-peer contracts, known as Smart Contracts, as well as... Read More Request for Comments. ERC is a protocolThe set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a... Read More that allows for the proposal of improvements to the Ethereum networkThe Ethereum network is a decentralized distributed network of computers that run decentralized applications and smart contracts. As a platform,... Read More. It also serves as a standard for smart contracts on the Ethereum blockchainThe Ethereum blockchain is a decentralized distributed public ledger maintained by a distributed network of computers, the Ethereum network. The... Read More.
