ERC-20 Token Definition:
ERC-20 is a token standard for creating and managing fungible cryptocurrency tokens on the Ethereum blockchain.
ERC-20 is a token standard for creating and managing fungible cryptocurrency tokens on the Ethereum blockchain.
transfer and approve. These functions ensure that tokens can be sent and received, and enable users to allow third-party spending, facilitating seamless interaction with smart contracts.mint and burn. The mint function allows a user to mint new tokens, increasing the total supply. It's often used in tokens with a dynamic supply or in applications where new tokens need to be created. The burn function allows a user to burn a certain amount of tokens, reducing the total supply. It's commonly used in tokens with a limited supply or in applications where tokens need to be removed from circulation.The process of issuing a new token on a blockchain and adding it into circulation.
The total amount of coins that have been issued, but not removed from circulation.
Read more →Cryptocurrencies inspired by internet memes, often characterized by their community-driven nature and volatility.
Read more →The process of issuing a new token on a blockchain and adding it into circulation.
The total amount of coins that have been issued, but not removed from circulation.
Read more →Cryptocurrencies inspired by internet memes, often characterized by their community-driven nature and volatility.
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