ERC stands for EthereumEthereum is a decentralized global open-source platform. The goal is to create a world computer where anyone can build and... Read More Request for Comments. ERC is a protocolProtocols governing interactions on a blockchain network typically include rules for consensus, transaction validation, and guidelines for how users can... 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.