noun | ee·ahr·see - twen·tee
ERC-20 is like the basic bitch of Ethereum tokens - it's a standard that defines how tokens should behave on the Ethereumblockchain, so they can all play nicely together. It's like the Pumpkin Spice Latte of the crypto world - basic, ubiquitous, and loved by normies everywhere.
Example
"I made my own ERC-20token called 'ChadCoin' that rewards holders with dick pics and protein powder discounts. It's like OnlyFans meets GNC, but on the blockchain. Get in on the ground floor before this shit moons, bro!"
"Every ICO and their mom was launching an ERC-20token back in 2017, promising to revolutionize everything from supply chain management to online dating. Turns out, most of them were just shitcoins with fancy whitepapers and slick marketing. Who could've guessed?"