The majority of startups launched their tokens on Ethereum because it is an established environment that is also Turing-complete. However, Ethereum does have some drawbacks too. Ethereum is able to process the equivalent of 14 transactions in a second. This is becoming a serious issue and is forcing existing dApps to leave on the Ethereum platform. It is therefore advisable to explore other options.
Stellar Lumens is one of the most popular blockchain platforms that lets users to design a customized token that forms the basis for an entire ecosystem. In this article, we’ll show you how to create and issue an e-token that is a part of Stellar Lumens. Stellar network.
Step 1: Create two accounts (One for Issuance, the Other for Distribution)
The first step to create an Ethereum token using Stellar Stellar platform involves set up an issuing account that will transfer an amount of tokens to an account for distribution. We set up an issuing account to make it secure after the generation of tokens. We also show our customers that the token supply won’t increase in the near future.
Read More : https://www.leewayhertz.com/create-token-on-stellar/
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