advantage
Easy to use : ERC20 is the most basic and most commonly used version of the ERC standard, providing good support and convenience for other tokens to be issued in Ethereum smart contracts. Therefore, using ERC20 can simplify the operation process of Token issuance.
Lower cost : Using ERC20 as a standard can reduce the cost of Token issuance. This is because ERC20 is a smart contract standard built on the Ethereum platform, which has relatively low transaction fees, and using ERC20 can reduce unnecessary transaction fees.
High flexibility : Using ERC20, you can flexibly control the number of tokens and the issuance mechanism. According to their own needs, developers can set the number of tokens issued, release time, unlock time and other parameters in the smart contract to meet different application scenarios.
Strong scalability : Since ERC20 is a smart contract standard, it can be easily integrated with other smart contracts to achieve cross-chain, cross-application and other extension functions of tokens, and improve the application scope and value of tokens.
Good security : Due to the high security of the Ethereum platform, the use of ERC20 can ensure the security of Token issuance. In smart contracts, developers need to follow certain rules and procedures to ensure the legitimacy and fairness of Token issuance and avoid problems such as fraud and scams.
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