What does importing token mean (.token file)?
What does importing token mean, according to cryptobriefing? In the Bitcoin com
What does importing token mean, according to cryptobriefing? In the Bitcoin community, many people refer to cryptocurrencies as digital gold. Many say that they want to become a blockchain miner, smart contract developer, or investor. But for many ordinary users, this is actually a very dangerous idea. Because you cannot freely withdraw tokens or other assets from your wallet, or do so if you want to purchase something. So we often see that some projects transfer tokens to their own addresses for sale or trade through exchanges.
.token file
According to MEET.ONE, mistTrack has released detailed information about .token files this morning. Among them, it mentioned that you need to download and install a .toke execution environment before creating a .token file. Currently, all the content inside this application is open source, and anyone can view and use this feature publicly. In addition, some projects are developing a new smart contract that can deploy code into this software, and are undergoing internal auditing and improvement work.
It is known that .token is an ERC-20 standard token that can be used for storage, management, or transfer of tokens, and can also be used for other purposes, such as paying bills, participating in voting, etc.
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