How to create and deploy an XRC-20 token on the XinFin blockchain network

  • total supply: A method that defines the total supply of your tokens, When this limit is reached the smart contract will refuse to create new tokens.
  • balance of: A method that returns the number of tokens a wallet address has.
  • transfer: A method that takes a certain amount of tokens from the total supply and gives it to a user.
  • transfer from: Another type of transfer method which is used to transfer tokens between users.
  • approve: This method verifies whether a smart contract is allowed to allocate a certain amount of tokens to a user, considering the total supply.
  • allowance: This method is exactly the same as the approved method except that it checks if one user has enough balance to send a certain amount of tokens to another.

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