TECHNICAL SPECIFICATIONS OF DREAMSTER TOKEN “DSTER”
Dreamster’s “Dster” token is a BEP-20 Binance Smart Chain token standard created with the intention of extending ERC-20, which is one of the most common Ethereum token standards. BEP-20 is a technical standard for token implementation across all smart contracts on the Binance Smart Chain. The BEP-20 standard provides a blueprint for how a token can be spent, who can spend it, and even includes rules about overall token usage. BEP-20 tokens represent a diverse range of crypto assets that don’t have their own blockchain but reside on top of the Binance Smart Chain (BSC). The BEP-20 standard provides a flexible format through which many developers can launch different tokens. These tokens could represent anything, from shares within a business to dollars stored in a bank vault (e.g. stablecoins).
The BEP-20 standard was both derived from and is fully compatible with the ERC-20 standard. The code of the functions that define the BEP-20 standard are modifications of the ERC-20 standard. The purpose of these modifications was to improve the protocol, as well as optimize speed and transaction cost.