Ethereum går ned, og det gjør ELE


Understanding ERC-20 token contracts

"Earlier this week the ERC-20 token interface became a formal improvement proposal, freezing the definition. This article takes a look at tokens and explains the features and functions of ERC-20 to provide an understanding of what token contracts are and how developers can work with them.

ERC-20 came about as an attempt to provide a common set of features and interfaces for token contracts in Ethereum, and has proved to be very successful. ERC-20 has many benefits, including allowing wallets to provide token balances for hundreds of different tokens and creating a means for exchanges to list more tokens by providing nothing more than the address of the token’s contract. The benefits of creating a token as ERC-20 compliant is such that very few token contracts today are created any other way.."