Total Supply: It will allows the total supply of Ethereum tokens. It also specifies the number of tokens that can be created and mined
Balance of: It is one of the most popular smart contract functions of ERC20 Tokens. It allows you to store the balance and also return it
Approve: It performs major functions and allows the automatic transfer of a provided amount of ERC tokens
Transfer: ERC20 tokens can be transferred from one address to another in a very seamless manner
Transfer From: This is the fundamental feature of these tokens which permits the automatic transfer of the pre-decided number of tokens
Allowance: It contains Automatic approval of the provided address to withdraw the tokens from the address of the token’s owner
These are the major fundamental functions followed under the creation of ERC20 Token. So easy to develop erc20 token for crowdfunding when compared to other tokens and crypto coins, building a mining token based on the ERC20 standard brings the power of Ethereum blockchain to your token and cryptocurrency. It is one of the most secure and advanced blockchain technology platform.
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