TIP-3 token standard & smart contract integration ๐Ÿ’ 

The tutorial sessions for Venom developers have just begun.

In this video about how to use TIP-3 tokens, a fungible token standard for the Venom blockchain. The session starts with a recap of the ERC20 standard and how the TIP-3 standard differs from it.

The TIP-3 standard uses a separate contract for each user's balance, and transactions are processed through messages between these contracts. This approach is said to be applicable to any decentralized application built on the blockchain.

The video also shows how to create a token using Token Builder and how to work with it.

Find out more about Everscale
Subscribe to our social networks and stay up to date with the latest news
SUBSCRIBE ON SOCIAL
EverKit โ€“ All about Everscale
Origin