EIP: Token Exchange Standard for ERC20 tokens #823
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This is a courtesy notice to let you know that the format for EIPs has been modified slightly. If you want your draft merged, you will need to make some small changes to how your EIP is formatted:
If your PR is editing an existing EIP rather than creating a new one, this has already been done for you, and you need only rebase your PR. In addition, a continuous build has been setup, which will check your PR against the rules for EIP formatting automatically once you update your PR. This build ensures all required headers are present, as well as performing a number of other checks. Please rebase your PR against the latest master, and edit your PR to use the above format for frontmatter. For convenience, here's a sample header you can copy and adapt: I have removed the editor-needs-to-review label from your PR. Once you have updated your PR by following the instructions above, the build is passing, and you believe your EIP is ready to be merged as a draft (eg, outstanding technical issues are addressed), please readd that label and an editor will review it for merge. |
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| ## Preamble | |||
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| eip: <to be assigned> | |||
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Please number this 823, and rename to eip-823.md.
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| ## Preamble | |||
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Lines in the header should not be indented.
| eip: <to be assigned> | ||
| title: Token Exchange Standard | ||
| author: Kashish Khullar <kkhullar7@gmail.xcom> | ||
| type: Standard Track |
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This should be 'Standards Track'.
| type: Standard Track | ||
| category: ERC | ||
| Status: Draft | ||
| sreated: 2018-01-06 |
| author: Kashish Khullar <kkhullar7@gmail.xcom> | ||
| type: Standard Track | ||
| category: ERC | ||
| Status: Draft |
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'Status' should be lowercase.
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Thank you for reviewing @Arachnid .
* epi drafted * minor changes made * minor changes made * changes to sender interface and added diagrams * added diagrams in the markdown * updated the diagrams * update the headers * made changes suggested by @Arachnid
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Apologies - this should not have been merged with the PNG files in the root. Please move them to their own directory as done with other EIPS, and resubmit. |
This EIP proposes a way to exchange tokens. This mechanism can also be used a situation where we need to spend tokens in different type. After a successful exchange the tokens given away are stored in the contract of the received token (which can be later used) .This scenario is similar to exchanging an apple for a orange. But both orange and apple have different value so we can get more oranges for one apple.