Contract address refers to the address hosting a collection of code on the Ethereum blockchain that executes functions . These functions of a contract address are executed when a transaction with associated input data (contract interaction) is made to it.
Read moreIs a token just a smart contract?
A token contract is simply an Ethereum smart contract . “Sending tokens” actually means “calling a method on a smart contract that someone wrote and deployed”. At the end of the day, a token contract is not much more a mapping of addresses to balances, plus some methods to add and subtract from those balances.
Read moreWhich coins have smart contracts?
7 Smart Contract Cryptos to Watch in 2022
Read moreIs ERC20 a contract?
Put simply, ERC20 tokens are contracts that implement the ERC20 standard . Operations handled by these contracts include getting the total supply and balance of tokens, and the methods used to transfer them.
Read moreHow do I find the contract address of a token?
To find out what this address is, we recommend looking at the token’s website for more information or going on https://etherscan.io/tokens and searching directly for the name of your token .
Read moreWhat is ERC20 smart contract?
An ERC20 token is a standard used for creating and issuing smart contracts on the Ethereum blockchain . Smart contracts can then be used to create smart property or tokenized assets that people can invest in. ERC stands for “Ethereum request for comment,” and the ERC20 standard was implemented in 2015.
Read moreHow do I know if I have an ERC20?
Visit MetaMask and install their extension for Chrome/Firefox/Opera browser . Follow their instructions and once you’ve set their app, you will have an ERC20 compatible wallet. You can also create additional wallets within the same Metamask account.
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