010 | Create Your Own Crypto Currency In 5 Minutes | Programmer Explain
Have you wondered how to create a crypto currency that has your name on it? Here’s a quick lesson on learning to create your own digital currency.
Prerequisite
- DekuSan Wallet + Sufficient amount DXN
- ChromeCrypto Currency Spec
- Name: Wayne Chiu
- Symbol: CW
- Decimal Point: 2
- Token Amount: 10
Step 1:Copy this 「Code」 and Paste it in the 「Smart Contract Online Editor 」
Step 2:Modify these three parameters:
Name / Symbol / Decimal
Step 3
Set the token amount to 1000, then deploy this contract on to DEXON network.Note:
1000 with decimal of 2 --> 10.00
Step 4:Copy the contract address and show it on DekuSan wallet
Final StepIf you don't have people to send your newly created token, you can send it to my wallet "0x8ECedB018bDdf5bC05C756cA6ED67dbad208CAFf", and let me know your "token contract address" via 「gitter」and tag @CHAOWEICHIU.token contract address: the "thing" that you paste when you add the token.
Let’s recap!
In short, the DRC-20 defines a common list of rules for all DEXON tokens to follow. DRC-20 specifies six functions.
6 functions of DRC-201. totalSupply
2. balanceOf
3. transfer
4. transferFrom
5. approve
6. allowance
Two Events1. Transfer
2. ApprovalIf you want to know more information, check out the DRC-20 Spec.Also, if you would like to see all the available tokens on the DEXON network, you can check out DEXSCAN which is an explorer for everything that happens on the DEXON Network.
