1 Level
2 Review
2 Karma
Review on ERC20 by Affan Jamil
Excellent project , The concept behind it simple enough. It uses a simple setβ¦
Excellent project , The concept behind it simple enough. It uses a simple set of functions that your token code needs to have. All Smart Contracts that implement this standard are listed to crypto-exchanges without any technical work.
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Pros
- Enhances token liquidity , reduced risk of contract breaking & reduces the complexity of token interaction
Cons
- Lack of transaction handling.
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Comments (1)
May 19, 2020
Most transaction on erc20 are blockchain integrated since the project is based on blockchain policy of transaction but their fees are been done through gas system, a gas system is a unit which are use to measure and confirm and validate transaction on erc20 token. Miners also get rewarded for completing transaction on block.
