There are 3 ways you can find a token contract: (Notice: the address does not hold your personal tokens!) When you are trying to add a new token to your wallet, the wallet may require you to input a Token Contract Address. The contract is stored at a special address on the Ethereum blockchain, which manages the logic for the tokens.Ī token contract address can be used to check the information of balance and contract details. This generated address is the contract address without a private key. For example, to issue an ERC20 token on Ethereum means creating a contract account.
#CRYPTER TOKEN ADDRESS SERIES#
Contract account: Programmed by Solidity language, consists of a series of codes (contract function) and data (contract status).Individual account: Simply for personal use, generated by Ethereum wallet, consists of a public key and a private key.Take Ethereum, for example, there are two types of accounts in the Ethereum blockchain: In this way, the total number of tokens will not be changed.
![crypter token address crypter token address](https://cdn.dribbble.com/users/427857/screenshots/15446664/media/80f12f1192f0360d864feeb16d2cdeb6.png)
In addition, there is another way to burn the token, that is to send the token to the "black hold address", an address to which the private key is not known, commonly the 0 address. Another way is to burn existing tokens, for example, 0圆345…796d burning 10 tokens. For example, minting 100 tokens to 0x7695…93a6 will result in a balance increase. There are two ways to change the token total supply, one is to mint new tokens to increase the supply. For example, a transfer of 10 tokens from 0x3597…96b7 to 0x1b89…3436, the balance will be updated as follow: If tokens are transferred from one account to another, the balance of the two accounts will be updated. In general, we called the unit of this balance a "token". The balances of one token contract can be stood for physical objects, currency value, even the holder's reputation. The balance value is defined by the contract creators. What Is a Token Contract?Īs a matter of fact, a token contract is a smart contract mapping account addresses and balances. In this article, we will try to explain these questions.
![crypter token address crypter token address](https://rationalinsurgent.com/wp-content/uploads/2021/08/About-General-Information-Cryptomeda-Token.jpg)
![crypter token address crypter token address](https://rationalinsurgent.com/wp-content/uploads/2021/07/Bscs-Token-Address-2021..jpg)
As a newbie to crypto, you may confuse about: "What is a token contract address?", " What are the application of a token's contract address?", and "where can I find the token contract address?".