Blockchain Exam CBDE Topic 1 Question 105 Discussion

Actual exam question for Blockchain's CBDE exam

Question #: 105
Topic #: 1

If you are starting a new ERC20 token:

Ait would be best to start from scratch, just looking at the required interface.

Bit is beneficial to copy and paste the already existing code from the Ethereum wiki and modify this until you like it.

Cbest is to start with an audited implementation, for example from OpenZeppelin, in order to reuse already existing code.

Show Suggested Answer

Suggested Answer: C

by Olive at Dec 08, 2024, 08:33 AM

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Jaclyn

13 days ago

If you're not a blockchain expert, C is the obvious choice. Why risk it when you can build on top of a solid foundation?

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Martina

16 days ago

Option B sounds like a recipe for a buggy mess. I'll stick with C and let the experts handle the heavy lifting.

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Darci

20 days ago

Haha, I can just imagine someone trying to write an ERC20 token from scratch. That's a recipe for disaster! C is the clear winner here.

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2 months ago

I think option C is the way to go. Starting with an audited implementation like OpenZeppelin just makes sense to ensure your token is secure and compliant.

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Han

18 days ago

Security and compliance are crucial when creating a new token, so option C seems like the safest bet.

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Quentin

28 days ago

Using already existing code can save a lot of time and effort in the long run.

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Ciara

29 days ago

It definitely gives you a solid foundation to build upon for your new ERC20 token.

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Daryl

1 months ago

I agree, starting with an audited implementation like OpenZeppelin is a smart choice.

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