How to make an Ethereum Smart Contract

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ERC20 tokens have seen a significant increase in popularity and use in the Ethereum blockchain community in recent years. ERC-20 compliant Ethereum contracts can make it extremely useful for both investors and developers.



ERC-20 tokens have been popularized for their simplicity, ease-of-use, and easy deployment. ERC20 standards address a key problem facing crypto-wallets, blockchain-based marketplaces, and include rules of interaction with tokens.


ERC20 tokens work as smart contract implementations and are executed on Ethereum Virtual Machines in a decentralized manner, just like other Ethereum tokens.


Many people believe Ethereum smart contracts are new and were created using the Ethereum Blockchain. Smart contracts have been around since 1996 when Nick Szabo, a computer scientist and inventor of the term, invented them.


I call these contracts "smart" as they are far more functional that their paper-based ancestors. The implied use of artificial Intelligence is not made. A smart agreement is a collection of digitally-formatted promises that include protocols detailing how the parties will fulfill those promises.


His work inspired researchers and scientists later on, as well Vitalik, who invented Ethereum.


Steps to test an Ethereum-based smart contract



You can use the above smart contract example to manage all your smart contract methods. These methods are available at the right-hand side of the remix pane and you can control all the processes directly from there.

You can send tokens to other Ethereum addresses, then you can check the balance using the balance method.

You can achieve total supply using the total supplies method. 


Know More-  https://www.leewayhertz.com/ethereum-smart-contract-tutorial/

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