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How Token Contracts Work: The World's Largest Token Airdrop That You Probably Never Heard About | Hacker Noon

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'How Token Contracts Work: The World's Largest Token Airdrop That You Probably Never Heard About' by Benhodlin erc20 cryptoairdrops

Kier Finlow-Bates is the architect behind the biggest airdrop the Ethereum world has ever seen. He wrote and deployed an ERC20 token contract on the. Ethereum mainnet that I believe constitutes the largest token airdrops ever seen." He said: "It is called DETS, and every. single. address has received 100 of them. With really cool and suggestive names." The contract went straight onto. the mainnet, no TestNet in sight. He added: " And it's even more pointless than $DOGE.

Finlow-Bates recanted how a sleepless night turned into an epic coding endeavor, that went straight onto Ethereum Mainnet, with no Testnet in sight. A token contract is a ledger, that keeps track of who owns what, and ensures that the balances can only be changed by the person holding the private key to a public key with a balance recorded against it.

 

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