Anyone who has packed for an overseas trip knows the small panic of the plug socket. Your laptop works perfectly at home, but abroad the pins are a different shape and nothing fits.
Electrical standards exist to stop that from happening inside a single country. Every appliance maker builds to the same socket, so any kettle works in any kitchen.
Crypto tokens have the same need. Thousands of tokens exist, and wallets, exchanges and apps cannot write custom code for every one. Token standards solve that. If you have seen "CRC-20" mentioned alongside "ERC-20" and wondered what the difference is, this guide will help.
Key takeaways
Go back to the plug socket. A socket standard does not tell you what the appliance does. A lamp and a toaster are very different, but both have the same plug, so both work in the same wall.
A token standard works in a similar way. It is an agreed list of functions that a token's smart contract must offer. The token itself might represent a game reward, a loyalty point or a project's core coin. As long as it follows the standard, any wallet or app that understands the standard can display it, send it and receive it.
Without standards, every new token would need its own custom integration.
ERC-20 is the best-known token standard. It was introduced for Ethereum and describes fungible tokens, meaning each unit is interchangeable with any other, just as one pound coin is the same as the next.
An ERC-20 token contract offers a small set of core functions. Translated out of code, they look like this:
There are also two standard "events", Transfer and Approval, which are public announcements the contract makes whenever tokens move or permissions change. Explorers and wallets listen for these to keep your history up to date.
The approve function is worth a moment of attention. When you connect to an app and grant it permission to spend your tokens, you are using approve. It is a normal part of how decentralised apps work, but it is wise to grant only what you need and to review old permissions from time to time.
CRC-20 is the token standard used on CandyChain, the CANDY ecosystem's own EVM-compatible Layer 1 blockchain (Chain ID 2828). It is compatible with ERC-20.
In practice, that compatibility is the point. Because CRC-20 follows the same model, developers who know ERC-20 can build CRC-20 tokens using familiar code and tools. Wallets that understand ERC-20, such as MetaMask, can work with CRC-20 tokens once they are connected to CandyChain.
You can think of CRC-20 as the same plug design used on a different power grid. The shape is familiar, but it belongs to CandyChain's network rather than Ethereum's. That is why the name is different: it tells you which chain the token lives on.
| Feature | ERC-20 | CRC-20 |
|---|---|---|
| Network | Ethereum | CandyChain (Chain ID 2828) |
| Compatibility | The original standard | Compatible with ERC-20 |
| Wallets | MetaMask and other Ethereum wallets | MetaMask and other familiar Ethereum wallets, once CandyChain is added |
| Explorer | Ethereum block explorers | streams.candychain.io |
| Typical use | Tokens across the Ethereum ecosystem | Tokens across the CANDY ecosystem |
Here is where the plug analogy needs one extra warning. On EVM-compatible networks, wallet addresses look the same format across chains. Your MetaMask address on Ethereum and on CandyChain may even be identical.
That convenience can catch people out. Sending a token on one network does not make it appear on another. If you send tokens on the wrong chain, or to an address on a platform that does not support that chain, recovering them can be difficult or impossible.
A few habits help:
Token standards are the plug sockets of crypto: they let any compatible wallet or app handle a token without special treatment. ERC-20 set the pattern on Ethereum, and CRC-20 brings that same, ERC-20-compatible pattern to CandyChain. The tokens behave alike, but the networks are separate, so a quick network check before every transfer is the habit that matters most.
This article is for information only and is not financial advice. Always do your own research and use official channels such as cryptocandy.io.
CandyWorld Is Coming: Rush Swapping, a New World in Your Pocket
You Bought the Token. Do You Own the Stock? Tokenized Stocks, Explained
The Quiet Power of Stablecoins: Beyond Trading, Into Everyday Life
Why Is ETH Waiting in Line? Inside Ethereum's Staking Queues