How to create and deploy an ERC-20 token on the Ethereum blockchain
Blog post from LogRocket
Blockchain technology is revolutionizing the digital landscape, with Bitcoin and Ethereum as leading examples of its application. While Bitcoin focuses solely on virtual currency, Ethereum offers a broader scope by incorporating a virtual machine and smart contracts, enabling users to create and deploy tokens representing anything from currency to assets like gold. The text provides a detailed guide on creating and deploying an ERC-20 token, a popular Ethereum standard for fungible tokens, explaining the essential components and functions of an ERC-20 token contract, such as transferring tokens, managing balances, and setting allowances. The tutorial also covers deploying a token on the Ethereum test network, illustrating the process of writing a simple token in Solidity and using platforms like MetaMask and Remix for deployment. This exploration of blockchain and ERC-20 tokens highlights the growing importance of understanding these technologies for those involved in software development, emphasizing their potential to transform how digital transactions and contracts are managed.