3. CCN-20

The technical standard for creating tokens on the CONDOR Chain Network is CCN-20. Tokens issued by the CCN follow the CCN-20 standard. This standard describes the core features of all CCN network-based tokens.

The CCN-20 standard allows developers to more accurately predict the interactions between different tokens and applications. It also defines how CCN -20 tokens are transferred within the CCN, and how their respective supply and address balances are consistently recorded.

In other words, CCN-20 provides a list of rules that developers must abide by, allowing them to operate smoothly within the platform.

Several CCN-20-compliant tokens built on the CCN have unique implementations. Depending on your approach, tokens can be used to represent different kinds of digital assets or tradable goods, such as coins, vouchers, gold certificates, loyalty points, etc. The CCN-20 standard will significantly reduce the effort required to create and issue digital tokens.

Technically, the CCN-20 standard describes some of the features of digital tokens based on the CCN, as well as the ability to maintain them. These features include how tokens are transferred between addresses and some important data related to the token smart contract, such as symbols, names, and supplies.