How to Integrate ERC20 Tokens and Stellar Lumens (XLM)?-crypto soft india
ERC20
is a protocol standard that defines certain rules and standards for
issuing tokens on Ethereum's
network. In 'ERC20', ERC stands for Ethereum Request For Comments
and 20 stands for a unique ID number to distinguish this standard
from others.
How
it works?
The difficult parts in
integrating an ERC20
token to any application / Exchange are: In-Sufficient libraries
for all technologies, the installation of the Ethereum Node, The
deployment of the respective smart contracts (that differ from token
to token), the seamless communication between the node and the
application for the respective contracts for the respective commands.
We have solved all the above
by creating an Add-on that is written on NodeJS.
Step
1:
Install this fantastic Add-on
on a separate instance (using our user friendly Step-by-Step
installation manual)
Step
2:
Install the Ethereum Node.(
using our crystal clear step-by-step instructions )
Step
3:
Connect the Add-on to the ETH
Node using the robust API’s provided (and instructions provided)
Step
4:
Get the Admin Panel up &
running (using the simple step-by-step instructions).
Step
5:
Add the required ERC20 tokens
via. the Admin Panel ( by keying in a couple of information about the
token in the Admin Panel directly ). The Admin Panel behind the
scenes automatically processes the information and deploys the
respective contracts.
Step
6:
Just supply the respective
commands from your application or Exchange to the Add-on via. the
Jason RPC instructions provided ( Ex: Send coins, Receive coins etc.
). Your application or Exchange can be in any technology.
All you need to do is supply
data to the Add-on and consume data from the Add-on via.
Stellar Lumens (XLM)?
Stellar
is a blockchain-based distributed ledger that is designed to connect
people and financial institutions around the world. The currency of
the network are called Stellar lumens, or just lumens. The symbol for
Stellar lumens is XLM.
Simple.
The difficult parts in integrating a Stellar Lumens ( XLM ) coin to
any application / Exchange are writing the API layer that
communicates between the Stellar
Blockchain node and your application.
We
have solved the above by creating an Add-on that is written on
NodeJS. All you need to do is,
Step
1:
Install
this fantastic Add-on on a separate instance ( using our user
friendly Step-by-Step installation manual ).
Step
2:
Install
the Stellar Harmony Node in Test Net. ( using our crystal clear
step-by-step instructions ).
Step
3:
Connect
one end of the Add-on to the Stellar Lumens ( XLM ) Testnet Node
using the robust API’s provided ( and instructions provided ).
Step
4:
Connect
the other end of the Add-on to your App or Exchange using the robust
API’s provided( using the simple step-by-step instructions ).
Just
supply the respective commands from your application or
Cryptocurrency
Exchange to the Add-on via. the Jason RPC instructions provided (
Ex: Send coins, Receive coins etc. ). Your application or Exchange
can be in any technology. All you need to do is supply data to the
Add-on and consume data from the Add-on via. Jason RPC Simple!
Step
5:
Test
your App entirely. Once everything is fine > convert the TestNet
Node to Main Net.
Thanks
for reading our Content. To know more about our Services, kindly
Visit our Website:
Crypto Soft India
1/124, DLF IT Park Rd,
Ramapuram, Chennai,
Tamil Nadu 600116
+91 6385108373
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