Blockchain Development Programming Tutorials, Guides & Best Practices
Explore 30+ expertly crafted blockchain development tutorials, components, and code examples. Stay productive and build faster with proven implementation strategies and design patterns from DeveloperBreeze.
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ETH vs WETH: Understanding the Difference and Their Roles in Ethereum
- Users can simply exchange ETH for WETH by interacting with the platform's smart contract, which handles the wrapping/unwrapping process automatically.
- Decentralized Exchanges (DEXs): Many decentralized exchanges (like Uniswap) require ERC-20 tokens for trading. WETH allows ETH holders to trade ETH just like any other ERC-20 token.
- DeFi Lending Platforms: Platforms such as Aave or Compound often require collateral in the form of ERC-20 tokens, making WETH essential for ETH holders who want to participate.
- Token Swaps: WETH allows for seamless token swaps between ETH and other ERC-20 tokens on platforms that support such swaps.
Tracking Newly Created Tokens on Ethereum
Introduction
In this tutorial, we will learn how to track newly created tokens on the Ethereum blockchain. With the rapid growth of decentralized finance (DeFi) and non-fungible tokens (NFTs), keeping an eye on newly created tokens can be valuable for investors, developers, and enthusiasts. We will use Etherscan's API to monitor token creation events and Web3.js to interact with the Ethereum network.