Customized Creation of ERC 20 Standard Cryptocurrency on the Ethereum Network

Abstract

Cryptocurrencies like Bitcoin and Ethereum use the blockchain technology, that is known for providing significant security advantages. But there is more to Bitcoin and Ethereum than that. They use digital signatures to verify users. A digital signature uses cryptography extensively. There are two different kinds of keys: private and public. The public keys is the location of a bitcoin wallet that a bitcoin user holds. At this address, anyone desiring to send Bitcoins should do so. Blockchain is a method of storing data that renders it challenging or impossible to alter, hack, or deceive the entire system. In this current endeavour, we develop a digital currency (a crypto tokens) that complies with the ERC 20 norm, can be traded on Ethereum platform, and is able to be sold in a public sale. The Electronic Token Exchange (ERC) 20 standard specifies the characteristics of tokens, including token transfer, total token supply, and other factors. Solidity-built smart contracts will be used to govern and control how the tokens are used. A test-driven process is used to build tokens. The production of test cases prior to the building of smart contracts is referred to as "test-driven" development.