ERC-20 inventor discusses origins, new blockchains, BRC-20 and extra

In 2018, lead developer Fabian Vogelsteller contacted the neighborhood for a brand new commonplace for good contracts he created alongside co-founder Vitalik Buterin. Dubbed ERC-20, Vogelsteller, on the time, solely wished for enter relating to the novel concept. Little did he know that ERC-20 would ignite a wave of preliminary coin choices (ICOs) shortly after its inception to turn out to be the business gold commonplace for issuing tokens on the Ethereum blockchain.

Simply as ERC-20 tokens had been gaining traction, Vogelsteller left the Ethereum Basis the identical 12 months to concentrate on creating a brand new blockchain, Lukso. In an interview with Cointelegraph, the ERC-20 inventor mentioned his motivation for creating his multiverse blockchain, in addition to the most recent token commonplace developments within the sector.

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