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Adding Token Support to Existing Wallet

Published on the April 11, 2024 in IT & Programming

About this project

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Introduction:

The project involves enhancing our existing cryptocurrency wallet application by integrating support for managing tokens.
The objective is to empower users to store, send, receive, and manage tokens alongside cryptocurrencies within the wallet app.
Key Features:

Token Integration:

Incorporate support for popular token standards such as ERC-20 (Ethereum) into the existing wallet infrastructure.
Enable users to view token balances, transaction history, and manage token assets seamlessly within the wallet app.
Token Transactions:

Allow users to send and receive tokens to and from external addresses within the wallet app.
Implement functionalities for token transfers, including customizable transaction fees and gas limits.
Token Discovery and Management:

Enable users to discover and add new tokens to their wallet manually or through automatic detection mechanisms.
Provide support for custom token contracts and non-standard tokens.
User Experience (UX):

Ensure a seamless and intuitive user experience for managing both cryptocurrencies and tokens within the same interface.
Maintain consistency with existing UI elements and design patterns to minimize user confusion.
Technical Implementation:

Blockchain Integration:

Utilize Web3.js or ethers.js libraries to interact with the Ethereum blockchain and token contracts.
Retrieve token balances and transaction data from blockchain networks to display within the wallet app.
Smart Contract Interaction:

Implement methods for interacting with token smart contracts, including querying token balances and executing token transfers.
Database Integration:

Update the database schema and backend APIs to support token-related data storage and retrieval.
Ensure data consistency and synchronization between the frontend and backend systems.

Category IT & Programming
Subcategory Web development
What is the scope of the project? Medium-sized change
Is this a project or a position? Project
Required availability As needed
Roles needed Developer

Delivery term: Not specified

Skills needed