QRC20 Integration Technical Guide

QRC20 Integration Technical Guide

This document explains the basics of interacting with an QRC20 contract with the qtumd CLI command tool.

The full example in PHP: Qrc20.php .

Intro

We recommend that an exchange use one main address to store tokens for all users. Below MAIN_QRC_ADDRESS is the main address.

The address of the QRC20 token contract is TOKEN_CONTRACT_ADDRESS.

  • gas limit is DEFAULT_GAS_LIMIT, recommended value is 250000

  • gas price is DEFAULT_GAS_PRICE,recommended value is 0.00000040

TOKEN_DECIMALS is the decimals of the token, which varies per token. Here we set it 8.

We'll use the following utility functions:

Running QTUMD

You should remember to enable the indexing service when starting qtumd, using the flags -logevents -txindex.

Interacting With QRC20

In the CLI examples below, please substitute {} with actual addresses and values.

Getting Token Balance

  • $userAddress is the deposit address

In the JSON output look for executionResult.output. This is the token balance.

Withdraw

  • $userAddress is the withdraw address

  • $amount the withdraw amount in unit token

The command returns the txid of this transaction. You may use it to find information about this transaction (e.g. number of confirmations).

Generate a deposit address

For an exchange, a user may use the same address for both QTUM and other QRC20 tokens.

Use this command to generate a deposit address:

Deposit and Witdraw Logs

  • $startingBlock is where you want to start looking (inclursive)

    • You can start looking from 0, but for better efficiency, you should remember where to start looking.

The event type filtered is the Transfer event:

Look through the logs to filter by to or from addresses.

Checking Confirmations

Given a transaction id $txid:

Use the property confirmations from output.

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