Ethereum smart contracts can be either ERC20 or ERC721

Posted by ericfaulkner on December 31st, 2020

Ethereum smart contracts depend heavily on the Ethereum Virtual Machine (EVM) as a reliable runtime environment. The Solidity programming language is used. 

It comes in different forms like ERC20 token contracts, stablecoins development, ERC721 smart contracts, and token redemption, distribution, and exchange. Ethereum smart contracts can be utilized by different industries like retail, healthcare, education, financial services, real estate, aviation, information technology, and automobiles.

The steps to implement are installing the MetaMask wallet through a Chrome extension, selecting a suitable test network, adding some Ethers in your digital wallet, opening the Remix browser, creating a .sol extension file, deploying the smart contract on the Ethereum test network, searching the smart contract address via Etherscan, which is the block explorer of the Ethereum blockchain network, verifying the smart contract by copying and pasting the address, and the smart contract will soon be live on the network. 

Deal with knowledgeable blockchain developers for establishing state-of-the-art ethereum smart contracts for your enterprise. 


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