Writing your first ERC-20 token smart contract

Creating your first token on the Ethereum network can be an exciting and rewarding experience. By following these simple steps, you can have your own custom token up and running in no time.

Here are the steps, but you should already be familiar with them from Chapter 8:

1. Choose a token standard: Select a token standard that suits your needs, such as ERC-20. ERC-20 is suitable for fungible tokens (tokens with equal value).
2. Write the smart contract: Using the Solidity programming language, write a smart contract that implements the chosen token standard. This contract will define the token’s properties, such as name, symbol, and total supply, as well as its functionalities.
3. Test the smart contract: Before deploying the contract to the Ethereum network, test it on a local development environment or a testnet. This step helps identify and fix potential bugs and issues in the contract.
4. Deploy the smart contract...