User's Guide for Scaling.cash
Introduction
Welcome to the world of Cashtoken Request for Comments 20 (CRC-20), an experimental token standard designed to facilitate the creation and transfer of fungible tokens on the BitcoinCash blockchain. With CRC-20, you can now mint and manage fungible tokens directly on the BitcoinCash network, opening up exciting possibilities for tokenization.
If you're interested in exploring the intricacies of the CRC-20 token standard and gaining a deeper understanding, we invite you to visit doc at crc20.cash. Here, you'll find comprehensive information and resources related to Cashtoken/CRC-20, enabling you to delve into the technical aspects and unleash the full potential of this groundbreaking token standard.
Guide
Getting Started with Scaling.cash
Here's a step-by-step guide on how to get started with Scaling.cash, a pioneering platform to deploy and mint CRC20 tokens on the Bitcoin Cash blockchain using Metamask.
What You'll Need:
Google Chrome!
Deploy/mint tools - Scaling.cash
A Metamask wallet
Step 1: Setup Metamask with Scaling.cash
Visit Scaling.cash.
Step 2: Metamask will automatically pop-up asking you to connect to the website.
Step 3: A dialog box will appear, named "Signature Request". Click on the "Sign" button in the dialog box. This allows Scaling.cash to interact with your Metamask account.
Step 4: After you click "Sign", you'll see that Scaling.cash is now connected with your Metamask.
Step 2: Fund your Wallet Copy the No.4 wallet address and transfer BCH to it from your preferred exchange.
EVM Compatible Addresses: These are addresses that follow the Ethereum Virtual Machine's protocol.
BCH mainnet address: This is your wallet address on the Bitcoin Cash (BCH) mainnet, where you can receive and send BCH to another wallet.
CRC20-Asset address: This is not strictly a CRC20 asset address, but rather a Cashtoken asset address. In the context of Scaling, only CRC20 assets can be received.
Exchange Withdrawal Address: This is the address you use when you want to receive your $BCH from your preferred cryptocurrency exchange.
Deploying a Token:
Return to Scaling.cash and click on "Deploy."
Fill in the fields:
Symbol: Enter a unique 4-letter symbol for your token, first come first served. Use uppercase letters only.
Name: Choose a name for your token, with a maximum of 20 characters.
Decimals: Decide how many decimal places your token will have. (8 is the default)
MintAmount: Specify the number of tokens received per mint.
Supply: Determine the total number of tokens that can be minted.
After filling out the details, click the [Create] button to start deploying new tokens using your MetaMask wallet.
Minting a Token:
To mint CRC20 tokens, simply click on the [Mint] button. The following page will appear:
Input the Symbol of the token you want to mint (for example: CASH).
Click on the "Token" field. The system will automatically display the unique address of the token.
Click "Confirm."
Click "Mint."
Color Alert: 🟢 🟡🟥
In our CRC20 protocol, the allocation of symbols is based on a "First-come, first-served" principle.
On the user interface, we use different colors to represent the status of a symbol's registration.
Green: This signifies that a symbol has obtained enough confirmations (specifically, 10 or more). It denotes that the symbol is definitively "canonical", meaning that it is now officially recognized and registered under the first party who claimed it.
Yellow: This color represents an uncertain status where we're unsure who the canonical holder is. This situation arises when there are fewer than 10 confirmations for the symbol.
Red: This indicates a condition where other tokens have definitely attained the canonical status and your token has certainly not. In other words, it means that you were not the first to claim this symbol and therefore, the symbol allocation has been lost to another party.
6.Once you see "Mint successfully," you can check the number of tokens you've minted in your "Wallet."
Should you encounter any questions or difficulties while using Scaling, we're here to help! Please feel free to join our Telegram group and drop your queries there. Our team is always ready to assist you.
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