Transaction - Non-fungible Tokens (NFTs)

Get Tokens

The Get Tokens functionality is a crucial component of blockchain transaction management, allowing users to retrieve detailed information about tokens on the blockchain. Here’s a brief overview of its significance:

In blockchain transactions, obtaining tokens typically involves several key activities:

  • Minting Token: This is the creation of new tokens. When tokens are minted, they are generated and recorded on the blockchain, usually through a smart contract. This process often involves defining the total supply and specific properties of the tokens.
  • Transfers: Tokens can be transferred between wallets. Each transfer is a transaction recorded on the blockchain, providing a transparent and immutable history of ownership. This process usually requires a digital signature to authorize the transfer.
  • Sharing Tokens: Tokens can also be shared among users, This involves sending tokens from one wallet to multiple others, and like transfers, these actions are recorded on the blockchain.
  • Token History: All actions involving tokens—minting, transfers, and sharing are logged on the blockchain, allowing users to trace the transaction history. This transparency helps verify ownership and ensures trust in the ecosystem.
  • Burn Token: Permanently remove tokens from circulation, reducing the total supply.

Mint Token

This is the creation of new tokens. When tokens are minted, they are generated and recorded on the blockchain, usually through a smart contract. This process often involves defining the total supply and specific properties of the tokens.

Get Token by Id

The Get Token by Id functionality is a crucial component of blockchain transaction management, allowing users to retrieve detailed information about perticuler token from the blockchain.

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