Not all cryptocurrencies have their own blockchains. Instead they run on top of other platforms like ERC20 tokens run on top of Ethereum. This video explains what these tokens are and why ERC20 was created. 💰 Get $10 of free Bitcoin: Signup for Coinbase with my affiliate link, and we'll both get $10 of free Bitcoin: 📚 Sources Can be found on my website: 🌍 Social Twitter: Facebook: Blog: 💌 Newsletter: (no more than once a month) ❤️ Become a Simply Explained member: