Complete Step-by-Step Implementation Guide
| Concept | Description | Example |
|---|---|---|
| Coins | Native blockchain assets | Bitcoin, Ethereum |
| Tokens | Built on existing blockchains | ERC-20, BEP-20 |
| PoW | Proof of Work consensus | Bitcoin |
| PoS | Proof of Stake consensus | Ethereum 2.0 |
| Method | Difficulty | Time | Cost |
|---|---|---|---|
| Smart Contract Token | Beginner | 1 weeks | $50-$500 |
| Blockchain Fork | Intermediate | 2-3 weeks | $1,000-$5,000 |
| Custom Blockchain | Advanced | 1-2 months | $10,000+ |
// SPDX-License-Identifier: MIT
pragma solidity ^0.8.0;
import "@openzeppelin/contracts/token/ERC20/ERC20.sol";
contract MyToken is ERC20 {
constructor() ERC20("MyToken", "MTK") {
_mint(msg.sender, 1000000 * 10**decimals());
}
}| Check | Tool | Importance |
|---|---|---|
| Reentrancy | MythX | Critical |
| Overflows | Slither | High |
| Access Control | Manual Review | High |
| Test Coverage | Hardhat | Medium |
| Step | Action | Cost |
|---|---|---|
| 1 | Get Testnet ETH | Free |
| 2 | Deploy Contract | $20-$200 |
| 3 | Verify on Etherscan | Free |
| 4 | Add Liquidity | $1000+ |
| Channel | Cost | Effectiveness |
|---|---|---|
| Telegram/Discord | Low | High |
| Medium | Medium | |
| Influencers | High | High |
| Exchange Listings | Very High | Very High |