Sidechain User Instructions: How to Create Token ?

in #steemitlast year

Steem Sidechain

Steem Sidechain is an integrated system connected to the Steem blockchain prepared for you. This system is designed in the best way for you to develop smart contracts and interact with existing smart contracts. In addition, it is written in Javascript, a powerful programming language that has been proven on many platforms in today's technology. With the JavaScript programming language, not only the sidechain itself, but also the smart contracts that run within the sidechain itself are written in the JavaScript programming language.

What is its Purpose and Benefits?

Steem sidechain is a project that aims to develop a sidechain connected to the Steem blockchain. The sidechain provides faster and more efficient transactions on the Steem network. The aims of the project and the benefits it provides to users are as follows:

Fast Transactions: Thanks to the side chain, they will have the opportunity to make instant and fast transactions.
Scalability: The scalability capabilities of the sidechain demonstrate its capacity to meet the increasing user demands with the growth of the network.

Summary

Steem sidechain represents a sidechain developed based on the Steem blockchain. The sidechain aims to strengthen the Steem ecosystem by providing users with faster and more efficient transactions. This article will provide more detailed information about the project and the necessary steps to start using the sidechain.



Method and Technology

Steem sidechain uses the following technology and infrastructure components:

Blockchain Infrastructure: The Steem sidechain is based on the Steem blockchain technology to support smart contracts and transactions running on the Steem blockchain.
Smart contract language: It uses the JavaScript language for the development of smart contracts on the sidechain.



Smart Contracts and Transaction processes

The Steem sidechain manages transaction processes using smart contracts. The following transaction processes are performed on the side chain:

1.Transaction Creation: Users initiate a transaction by paying a certain gas fee to interact with the sidechain with their wallet on the steem blockchain.
2.Verification and Confirmation:Transactions are verified and confirmed by smart contracts on the sidechain.
3.Execution and Concluding: Confirmed transactions are executed and finalized on the sidechain.
4.Blockchain Processing: Transactions made within a certain period of time are securely stored in the Steem blockchain.



User Instructions

Below are the steps and basic trading processes to get started with Side Chain:

To interact with the steem sidechain before reading the user instructions and basic transaction processes, you must have only 1 steem account and a sufficient steem balance to cover the gas fee according to the transaction you will make.

  1. In order to use the system, you first need a chromium-based browser.
  2. In order to log in with your Steem account, you need to install Steem Keychain
  3. The screen you will encounter after entering our website will be as follows;

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4.In order to log in to the system, after pressing the connect button in the upper right position, you must enter the user name in the pop-up screen that opens to you and press the "Sign In" button.

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5.After "Sign In", you will be greeted with a window like the one below. Now you have one last step to log in to the system, you will be logged in after you approve.

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Create Tokens

1.After going to the contracts section of the routing section on the homepage, a page that you will see in the image below will welcome us.
(The tokens in the images consist of the tokens we created during the testing phase. When the system is opened to users, the data will be reset.)

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2.To create a token of our own, after pressing the Create Token button at the top left, the page that will welcome us is like this;

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3.You have to enter the necessary information of the contract and token that will be created for you here, in the input fields appropriate for you.

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4.After you have entered the information of the token you will create after you click the Create Token button, a popup of the Keychain will welcome you, this popup will perform a transfer to process your transaction to the Steem blockchain.

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5.If the transaction was successful, a popup will welcome you. After this popup opens, it is useful to press the - Wallet Page button, please press the Wallet Page button.

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6.After going to the wallet page, find your own token and press the update icon

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7.On the page that opens, you will be directed to a page that will take action with your contract codes.

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The page that opens here actually offers a page like taking action with the contract found on sites such as etherscan, bscscan, and I will continue the example usage below for you. Please take a look at the ERC20 Standards to find out what the functions here do.
  • To begin with, our token contract starts without being minted in any way, we need to mint to produce our own token.

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The fields to be entered here account to which account the token address to be generated should be transferred
If amount, what should be the total balance of the token to be produced?
Here you need to perform the mint operation in accordance with these.

  • After filling in the information appropriately for you, press the Execute button. Then Keychain's popup will welcome you again.

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  • After confirming the transaction, if it is successful, You will see the transaction id.

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  • To check the balance of our account after minting, open the balanceOf method above and fill it properly, then press the Execute button and check, the balance of our account will appear on the right side.

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Very good post

Thank you so much. Keep following for update :)

Exited to see development like this for Steem!

Thank you for your interest . We will keep working for a better Steem

!upvote 100

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Hello @elitedevops, I want know is it live or still working on it.

Is it similar something like steem-engine?

Hello, we have opened the token part for testing. You can check it from https://layer2.blokfield.io/
Our work continues for NFT and other parts

What about the integrity of security?
Can you explain in layman language? How will it be integrated into the main steemit platform?
Thank you

no more update ?