KYOTO for Ethereum Developers
Kyoto is a layer 1 protocol and blockchain platform operating independently of the Ethereum network. While the Kyoto client originally forked from the Ethereum Go language client, go-Ethereum (or geth), there are significant differences between the two. Kyoto utilizes a proof-of-stake-based QBFT consensus mechanism, distinguishing it from Ethereum's consensus mechanism.
Although the crypto assets on KYOTO are not ERC-20 tokens on the Ethereum Mainnet, they do have ERC-20-compliant interfaces. This means that tools and code designed to support ERC-20 tokens can be easily adapted for KYOTO assets, including the KYOTO Native Asset (KYOTO TOKEN). Additionally, developers can leverage programming languages, developer tooling, and standards that target the Ethereum Virtual Machine (EVM) when building on KYOTO, as both networks run the EVM to support smart contract functionality. This includes writing smart contracts in Solidity, using Truffle for smart contract management, and utilizing existing smart contract standards developed for Ethereum.
It's worth noting that the ERC-20 token standard is blockchain-agnostic, allowing ERC-20 tokens to be implemented on any blockchain, including KYOTO.
Overall, while KYOTO and Ethereum are separate blockchain networks, there are similarities in terms of programmability and the utilization of the EVM, enabling developers to leverage their existing Ethereum knowledge and tools when building on Kyoto.
The ERC20 token standard is a standard API for tokens within smart contracts. This standard interface allows any tokens to be re-used by different applications. The ERC20 token standard is blockchain agnostic, so ERC20 tokens can be implemented on any blockchain.
The standard includes the optional functions
function name() public view returns (string)
function symbol() public view returns (string)
function decimals() public view returns (uint8)
and the required functions
function totalSupply() public view returns (uint256)
function balanceOf(address _owner) public view returns (uint256 balance)
function transfer(address _to, uint256 _value) public returns (bool success)
function transferFrom(address _from, address _to, uint256 _value) public returns (bool success)
function approve(address _spender, uint256 _value) public returns (bool success)
function allowance(address _owner, address _spender) public view returns (uint256 remaining)
and includes the following events
event Transfer(address indexed _from, address indexed _to, uint256 _value)
event Approval(address i