#16 ERC-20 Token Smart Contract (Part 2)

#16 ERC-20 Token Smart Contract (Part 2)

Welcome to this brand new course about blockchain. In this course, and in the upcoming ones, we will make you familiar with everything you need to know about blockchain. We will also teach you some of the latest blockchain coding skills so that you can enter the fascinating world of decentralized applications. In this video, we will learn about ERC-20 token smart contract. The general idea behind the "ERC20Token" smart contract is to provide a standardized implementation of a fungible token on the Ethereum blockchain. This contract allows for the creation and management of tokens with a specific name, symbol, decimals, and total supply. Users can transfer tokens from one address to another, and the contract ensures that the sender has sufficient balance. It also includes functionality for approving and managing allowances, which allows third-party addresses to spend tokens on behalf of the token owner within a specified limit. By adhering to the ERC-20 token standard, this contract enables interoperability and compatibility with various decentralized applications (dApps) and exchanges within the Ethereum ecosystem. Github Repository: https://github.com/arashtad/Arashtad-Smart-Conrtacts

Watch The Video on Youtube

https://blog.arashtad.com/updates/16-erc-20-token-smart-contract-part-2/?feed_id=10395&_unique_id=671dc656ce167

Comments

Post a Comment

Popular posts from this blog

Why Smart Contracts Are Revolutionary? (Smart Contracts Use Cases)

Image
A smart contract is a program that runs when certain conditions are met on a blockchain. An automated agreement executes so that all parties can see its outcome immediately without involving an intermediary. In addition to automating workflows, smart contracts can also trigger the next action when conditions are met. This blog discusses how smart contracts are changing the world around us and the benefits they will bring to the market in the future. What is a Smart Contract? The terms of a smart contract can be established in the same way as those of any other contract. However, unlike traditional contracts, a smart contract is executed as code running on a blockchain, for example, Ethereum. From loans and insurance to logistics and gaming, it offer sophisticated peer-to-peer functionality backed by blockchain security, reliability, and accessibility. Types of Smart Contracts Here are some types of self-executing smart contracts. Smart Legal Contra...
Read more

How to Improve SEO Rankings?

Image
Search engine optimization (SEO) focuses on creating strategies to help your website rank higher in search engine results pages (SERPs). This makes your website more visible to people searching for solutions provided by your brand, product, or service. This article focuses on SEO, its use cases, techniques, tools, pros, and cons, etc. If you are new to SEO, you will understand the critical role of this powerful tool in creating traffic on your website and putting it on top of SERPs. What Is Search Engine Optimization (SEO)? SEO, the acronym for Search engine optimization, refers to the process of optimizing a website to rank higher in search engine results, such as Google. Optimizing your website makes people more likely to find it when searching for related products or services on Google, Bing, and other search engines. In search engine results pages (SERPs), companies compete for the top of the first page, where they are most likely to attract attention. Google's SER...
Read more

WordPress: The best CMS platform to create website

Image
The process of creating a new website can be challenging. You want to make sure it's something your customers will love, but you don't want the setup to take weeks or be so technical that you have to hire a developer to do every copy update. WordPress is probably the best solution you have come across in your research. It is a PHP-based content management system (CMS) with a MySQL database. Using it, you can create a wide variety of websites: from blogs to e-commerce to business websites and portfolios. You will learn everything you need to know about WordPress in this article. What is WordPress? In its simplest form, WordPress is the easiest to build your website or blog. In terms of technical terms, WordPress is a free, open-source content management system licensed under the GPLv2 license, meaning that anyone can use or modify it. A content management system allows you to manage critical aspects of your website - like content - without knowing anything about programming. Wo...
Read more