How to Create a Cryptocurrency Token

How to Create a Cryptocurrency Token

This article will serve as a tutorial for creating your own cryptocurrency token. We will be using Etherum’s “ERC-20” token as a basis for our code. Once we are finished you can use it to represent currencies or anything that you want to be tradable and have a fixed supply in circulation. This should go without saying but having knowledge in coding is really beneficial here to understand completely what we are doing through the whole process.

This article will serve as a tutorial for creating your own cryptocurrency token. We will be using Etherum’s “ERC-20” token as a basis for our code. Once we are finished you can use it to represent currencies or anything that you want to be tradable and have a fixed supply in circulation. This should go without saying but having knowledge in coding is really beneficial here to understand completely what we are doing through the whole process.

Step 1. Create a MetaMask Account

Metamask wallet serves as a gateway to blockchain apps and this is one of the first things that you have to do to get started. It’s an extension for your browser and be sure to only use Google Chrome for this. You will have to create an account and write down a 10-word pneumatic code.

Image for post

Step 2. Add some Ether to your Wallet

Like you see in the picture above I already have added 1 Ethereum and that is because when we create the token we are going to use some of Ethereum as fees. It’s called the Gas Fee and its a fee for using their blockchain to transfer your tokens. This website allows you to request at least 1 Ethereum from their faucet.

Image for post

blockchain token ethereum cryptocurrency bitcoin

Bootstrap 5 Complete Course with Examples

Bootstrap 5 Tutorial - Bootstrap 5 Crash Course for Beginners

Nest.JS Tutorial for Beginners

Hello Vue 3: A First Look at Vue 3 and the Composition API

Building a simple Applications with Vue 3

Deno Crash Course: Explore Deno and Create a full REST API with Deno

How to Build a Real-time Chat App with Deno and WebSockets

Convert HTML to Markdown Online

HTML entity encoder decoder Online

Adding Messages On The Bitcoin Blockchain - A How-To Guide

Can I write on a Bitcoin Blockchain? Can I drop down a message? Yes, Luca of course you can! You can leave a message on a Bitcoin blockchain using a particular op code, called OP_RETURN.

Blockchain Certification | Blockchain Training Course | Blockchain Council

In all the market sectors, Blockchain technology has contributed to the redesign. The improvements that were once impossible have been pushed forward. Blockchain is one of the leading innovations with the ability to influence the various sectors...

The Difference Between Bitcoin and Ethereum

Cryptocurrency is a young, intimidating industry for newcomers. There are so many buzzwords, acronyms and coins that it seems impossible to make any sense of it. Here, we’ll go through the differences between some of the top Cryptocurrencies, why there are so many, and why people are excited about them, in plain English. We won’t go through the details of Blockchain technology in this post. For the time being, know that just as the technology behind a website is its web server, the technology behind a Cryptocurrency is its Blockchain.

What Is The Difference Between Blockchain And Bitcoin?

Our Blockchain Online Training will provide you to learn about Blockchain technology aspects with realty. Our Blockchain Course also includes live sessions, live Projects

What is Bitcoin Standard Hashrate Token (BTCST) | What is BTCST token

Bitcoin Standard Hashrate Token aims to bring exchange-grade liquidity to Bitcoin mining and solve the current problem of a limited number of exit options while participating in the mining process. Each BTCST is collateralized by 0.1 terahash per second of Bitcoin mining power. Users are able to stake their BTCSTs and by doing so they can receive daily Bitcoin distributions corresponding to the amount of mining power staked. No upper limit and no KYC required. What is Bitcoin Standard Hashrate Token (BTCST) | What is BTCST token