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The birth of ERC-20

The Erc20 token  was proposed on November 19, 2015 by Fabian Vogelsteller, known as a general list of rules that an Ethereum token must follow and through which developers get new tokens to work. in the Ethereum ecosystem.

ERC20 token standards have become popular with community-based crowdfunding companies for the first coin issuance via an ICO project due to its simplicity of implementation, compatibility with Ethereum token standards. other.

Features of ERC20

Basically, ERC20 makes things simpler and before the erc20 wallet code   , the developers have their own terms in the code, many with similar names that lead to confusion.

ERC20 sets a universal standard, so that newly created tokens can be exchanged or transferred to an automated wallet. As such,  ERC Wallet Token  also makes it extremely easy to create new tokens, making Ethereum the most popular platform for initial coin offerings in 2017.

Where to create wallet ERC20 where prestige and best?

You can store  ERC20 Token  directly on the  exchange  for ease of trading provided you are a trader. However, if you are not a trader, you should consider different types of storage wallets to ensure safety and security. Users can store on Ethereum wallet address that supports ERC20.

List of typical ERC20 Token

In fact, ERC20 is very popular and every token on the Ethereum platform is considered to be an ERC20 token. And up to now, there are 82815 ERC20 tokens.

Let's take a look at  ERC20 Token list of the most typical lists in the current crypto  market as follows:

• EOS (EOS)

EOS is currently the 5th largest cryptocurrency in the world, accounting for nearly $ 12 billion in market capitalization. EOS is currently trying to build a network that can use inter-Blockchain communication.

• TRON (TRX)

TRON (TRX) is the 10th ranked coin and is described as an 'open source protocol for the digital entertainment industry.' This currency is created based on a content platform with an ecosystem that connects everyone to create content.

• VeChain (VEN)

VeChain (VEN) is the 15th ranked currency. VEN is currently planning to deploy Internet of Things (IoT) technology with the goal of providing a private key for each product, so it can be easily monitored. than.

How to create the most secure ERC20 Token

To  create ERC20 wallet  users refer to the steps below by our expert team.

Step 1: Add the characteristics of the Token you want to create

To create an ERC20 Token, users must master the attributes of ERC20 Token including: name, code, number of decimal places after comma, total number of tokens issued ...

Step 2: Write the standard Smart Contract code Token ERC20

To write ERC20 standard Smart Contract code, users need to copy 1 ERC20 contract on Token.sol, StandardToken.sol and Human StandardToken.sol, then put in a Solidity file and fix the necessary ones.

Copy 1 contract ERC20 and fix the necessary ones

Note:

User arbitrary contract ERC20 Token but must match the name of the initialization function. Set the number of tokens holding balances [msg.sender] at the smart contract issuer's wallet  .

Step 3: Test token on Testnet

In this step, we will issue tokens on a test network to examine and check the quality of ERC20 Token is used. We will choose Ropsten Testnet to test this token.

Note to interact with this Ropsten Testnet, you need to install MetaMask. After installing MetaMask into Chrome browser, log in and select the network as Ropsten Network.  

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