What does token mean on Ethereum (Tutorial on issuing tokens on Ethereum)
What does token mean on Ethereum? Tokens on Ethereum appear in the form of toke
What does token mean on Ethereum? Tokens on Ethereum appear in the form of tokens or ERC-20 tokens specifically.
In the field of blockchain, issuing a token is something of value. It has various uses, such as being used as a medium of exchange, payment fees, and more. These applications include currencies, wallets, games, etc., and are used to generate new digital assets or tokens. Therefore, this project can be referred to as tokens.
If we consider tokens as commodities, then behind them corresponds the price of certain virtual items. And their names represent whether the product can be traded normally and the profits generated. This is similar to traditional investments, where investors buy and hold stocks to earn profits. However, this process requires resources and technical personnel. Therefore, tokens are also called tokens.
Tutorial on issuing tokens on Ethereum
Tutorial on issuing tokens on Ethereum (https://github.com/ethereum-protocol)
Starting from ETH1.0, create an ERC20Token on eth0. Users can generate ERC-20 tokens in the following ways:
1. Send ETH to Wallet: Ethereum Foundation’s official authorized account for the ETH2.0 project: Ethereum Foundation officially authorized address: 0xd5f7a6c8b4fa9eb3af2be90ceedba88cb
2. Initiate token transfer through a smart contract: The smart contract on the Ethereum chain automatically receives users’ transactions and pays the gas fees.
All three operations need to be executed on the Ethereum mainnet. If needed, please use Metamask directly or click here to enter.
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