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    <title>Developers Forum for XinFin XDC Network: Zero King</title>
    <description>The latest articles on Developers Forum for XinFin XDC Network by Zero King (@l2dy).</description>
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      <title>Developers Forum for XinFin XDC Network: Zero King</title>
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      <title>XIP Proposal: Token Standard</title>
      <dc:creator>Zero King</dc:creator>
      <pubDate>Sat, 24 Sep 2022 14:25:37 +0000</pubDate>
      <link>https://www.xdc.dev/l2dy/xip-process-proposal-token-standard-3ana</link>
      <guid>https://www.xdc.dev/l2dy/xip-process-proposal-token-standard-3ana</guid>
      <description>&lt;p&gt;I would like to propose the adoption of an &lt;a href="https://xips.xdc.community/"&gt;XDC Network Improvement Proposal (XIP)&lt;/a&gt; for XRC-20 tokens. My draft XIP is available at &lt;a href="https://github.com/XDC-Community/XIPs.github.io/pull/8"&gt;https://github.com/XDC-Community/XIPs.github.io/pull/8&lt;/a&gt;.&lt;/p&gt;

&lt;p&gt;These tokens and the term XRC-20 have been widely used across the XDC community, but there has not been a single source of truth for the XRC-20 standard. Beginners unfamiliar with Ethereum and XDC would have to rely on individual blog posts and videos to understand what XRC-20 is.&lt;/p&gt;

&lt;p&gt;Therefore, I have adapted &lt;a href="https://github.com/ethereum/EIPs/blob/master/EIPS/eip-20.md"&gt;EIP-20&lt;/a&gt; for XDC Network and propose formalizing XRC-20 as a Token Standard. Comments on the pull request are welcome and if you have any questions, we can discuss here on xdc.dev or in the #xip-discussion channel of XDC Community Discord server.&lt;/p&gt;

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