"Crypto fever: exploration of the rise of the same, arbitums and ERC20"
The cryptocurrency world has experienced a significant increase in recent years, many new players joining the market every day. At the forefront of this trend are two particularly popular concepts: the same and arbitums.
** What is a same?
A same is a type of cryptocurrency created by enthusiasts to create a humorous or ironic representation of a subject, an event or a particular brand. The term "same" is from the "same corner" sentence, which was invented by a Reddit user in 2013. Since then, the same has become popular, many new pieces have been published too months.
A notable example is Shiba Inu, a piece of memes on the theme of the dog which gained massive popularity after Elon Musk tweeted on this subject. The value of the medal is soaring more than $ 60 million before even collapsing on earth due to regulatory uncertainty and lack of adoption. Despite this, the Shiba Inu project continues to generate a significant buzz among cryptocurrency lovers.
** What is a referee?
Arbitrum is a layer of layer 1 built above Ethereum (ERC), which allows faster and more secondary transactions than traditional blockchains. Introduced in 2020, Arbitrum has become a crucial component of the Ethereum ecosystem, allowing high -capacity intelligent contracts and decentralized applications (DAPP).
The network of referee uses a consensus algorithm for evidence (POS), which is designed to be energy efficient and environmentally friendly. This makes it an attractive option for users who appreciate sustainability in their cryptocurrency investments.
** What is ERC20?
ERC-20 is the most used standard token for Ethereum smart contracts. It represents any type of digital asset or token that can be exchanged on decentralized purses (DEX) and other markets. ERC20 tokens are often used to represent assets such as cryptocurrencies, basic products and even intellectual property.
The ERC-20 standard allows developers to create their own unique chips with specific characteristics, making it an essential tool for creating DAPPs and successful challenge platforms. With millions of active wallets supporting ERC-20 tokens, this standard has become the basis of a wide range of decentralized applications.
Key Takeways 
- The same are cryptocurrencies created by enthusiasts to create humorous or ironic representations of subjects or brands.
- Arbitrum is a layer 1 set-up solution built above Ethereum (ERC) which allows high-capacity intelligent contracts and decentralized applications.
- ERC20 is the most used standard token for Ethereum intelligent contracts, representing any type of digital asset or token.
While cryptocurrency continues to evolve, it is likely that we will see more mecoins and arbitum emerging. The ERC-20 standard, on the other hand, remains a crucial component of the Ethereum ecosystem, allowing the creation of innovative DAPP and Defi platforms.