How to create your own cryptocurrency using simplyblock and manage your crypto using simplyblock API?

How to create your own cryptocurrency using simplyblock and manage your crypto using simplyblock API?

Creating cryptocurrency is now made easy by SimplyBlock using our APIs you can easily deploy contract for creating ERC-20 token contract and create your own cryptocurrency on the Ethereum Blockchain Network.

1. Visit simplyblock.io and click on the Go To Login/SignUp.

How to Guide

2. First Time Users have to click on the Sign-Up AND fill the required details to get registered on SimplyBlock.

3. After registering through Sign Up Check your email for verification and verify your email.

4. Once the registration is completed the User can access their SimplyBlock Dashboard.

5. Add a user in your profile so they can interact with your currency.

6. Check the address for admin because all total supply of that currency will be sent to this address.

 

7. Use admin hmac public and private key to generate signed data and python and node simplyblock API.

Note: – HMAC(Hash-based message authentication code) Public key is authentication code which is used for verifying the authenticity of the request by the user.

8. use this data to create signed-data 

“data” : {

    “totalSupply” : “100000”,

    “decimals” : “0”,

    “tokenName” : “Token1”,

  “tokenSymbol” : “T1”

    }

9. You can change the values of your currency as per your use and call the simplyblock API –  /v1/eth/erc20/deploy_contract/

After filling in the required parameters and sending the following request. The user gets the following response and hence successfully deploying the ERC 20 contract on the Ethereum Blockchain Network

 

The admin user can also Create users and create tokens for other users and using simplyblock APIs you can transfer(/v1/eth/erc20/transfer/) to other users and check balance(/v1/eth/erc20/get_token_balance/) of the created tokens.