NRC20

Abstract

The following standard allows for the implementation of a standard API for tokens within smart contracts. This standard provides basic functionality to transfer tokens, as well as allows tokens to be approved so they can be spent by another on-chain third party.

Motivation

A standard interface allows that a new token can be created by any application easily : from wallets to decentralized exchanges.

Methods

name

Returns the name of the token - e.g. "MyToken".

// returns string, the name of the token.
function name()

symbol

Returns the symbol of the token. E.g. "TK".

// returns string, the symbol of the token 
function symbol()

decimals

Returns the number of decimals the token uses - e.g. 8, means to divide the token amount by 100000000 to get its user representation.

// returns number, the number of decimals the token uses
function decimals()

totalSupply

Returns the total token supply.

// returns string, the total token supply, the decimal value is decimals* total.
function totalSupply()

balanceOf

Returns the account balance of a address.

// returns string, the account balance of another account with address
function balanceOf(address)

transfer

Transfers value amount of tokens to address, and MUST fire the Transfer event. The function SHOULD throw if the from account balance does not have enough tokens to spend.

Note Transfers of 0 values MUST be treated as normal transfers and fire the Transfer event.

// returns `true`, if transfer success, else throw error
function transfer(address, value)

transferFrom

Transfers value amount of tokens from address from to address to, and MUST fire the Transfer event.

The transferFrom method is used for a withdraw workflow, allowing contracts to transfer tokens on your behalf. This can be used for example to allow a contract to transfer tokens on your behalf and/or to charge fees in sub-currencies. The function SHOULD throw unless the from account has deliberately authorized the sender of the message via some mechanism.

Note Transfers of 0 values MUST be treated as normal transfers and fire the Transfer event.

// returns `true`, if transfer success, else throw error
function transferFrom(from, to, value)

approve

Allows spender to withdraw from your account multiple times, up the currentValue to the value amount. If this function is called again it overwrites the current allowance with value.

NOTE: To prevent attack vectors, the user needs to give a previous approve value, and the default value that is not approve is 0.

// returns `true`, if approve success, else throw error
function approve(spender, currentValue, value)

allowance

Returns the amount which spender is still allowed to withdraw from owner.

// returns string, the value allowed to withdraw from `owner`.
function allowance(owner, spender)

Events

transferEvent

MUST trigger when tokens are transferred, including zero value transfers.

A token contract which creates new tokens SHOULD trigger a Transfer event with the from address set to totalSupply when tokens are created.

function transferEvent: function(status, from, to, value)

approveEvent

MUST trigger on any call to approve(spender, currentValue, value).

function approveEvent: function(status, from, spender, value)

Implementation

Example implementations are available at

• NRC20.js

'use strict';

var Allowed = function (obj) {
    this.allowed = {};
    this.parse(obj);
}

Allowed.prototype = {
    toString: function () {
        return JSON.stringify(this.allowed);
    },

    parse: function (obj) {
        if (typeof obj != "undefined") {
            var data = JSON.parse(obj);
            for (var key in data) {
                this.allowed[key] = new BigNumber(data[key]);
            }
        }
    },

    get: function (key) {
        return this.allowed[key];
    },

    set: function (key, value) {
        this.allowed[key] = new BigNumber(value);
    }
}

var StandardToken = function () {
    LocalContractStorage.defineProperties(this, {
        _name: null,
        _symbol: null,
        _decimals: null,
        _totalSupply: {
            parse: function (value) {
                return new BigNumber(value);
            },
            stringify: function (o) {
                return o.toString(10);
            }
        }
    });

    LocalContractStorage.defineMapProperties(this, {
        "balances": {
            parse: function (value) {
                return new BigNumber(value);
            },
            stringify: function (o) {
                return o.toString(10);
            }
        },
        "allowed": {
            parse: function (value) {
                return new Allowed(value);
            },
            stringify: function (o) {
                return o.toString();
            }
        }
    });
};

StandardToken.prototype = {
    init: function (name, symbol, decimals, totalSupply) {
        this._name = name;
        this._symbol = symbol;
        this._decimals = decimals || 0;
        this._totalSupply = new BigNumber(totalSupply).mul(new BigNumber(10).pow(decimals));

        var from = Blockchain.transaction.from;
        this.balances.set(from, this._totalSupply);
        this.transferEvent(true, from, from, this._totalSupply);
    },

    // Returns the name of the token
    name: function () {
        return this._name;
    },

    // Returns the symbol of the token
    symbol: function () {
        return this._symbol;
    },

    // Returns the number of decimals the token uses
    decimals: function () {
        return this._decimals;
    },

    totalSupply: function () {
        return this._totalSupply.toString(10);
    },

    balanceOf: function (owner) {
        var balance = this.balances.get(owner);

        if (balance instanceof BigNumber) {
            return balance.toString(10);
        } else {
            return "0";
        }
    },

    transfer: function (to, value) {
        value = new BigNumber(value);
        if (value.lt(0)) {
            throw new Error("invalid value.");
        }

        var from = Blockchain.transaction.from;
        var balance = this.balances.get(from) || new BigNumber(0);

        if (balance.lt(value)) {
            throw new Error("transfer failed.");
        }

        this.balances.set(from, balance.sub(value));
        var toBalance = this.balances.get(to) || new BigNumber(0);
        this.balances.set(to, toBalance.add(value));

        this.transferEvent(true, from, to, value);
    },

    transferFrom: function (from, to, value) {
        var spender = Blockchain.transaction.from;
        var balance = this.balances.get(from) || new BigNumber(0);

        var allowed = this.allowed.get(from) || new Allowed();
        var allowedValue = allowed.get(spender) || new BigNumber(0);
        value = new BigNumber(value);

        if (value.gte(0) && balance.gte(value) && allowedValue.gte(value)) {

            this.balances.set(from, balance.sub(value));

            // update allowed value
            allowed.set(spender, allowedValue.sub(value));
            this.allowed.set(from, allowed);

            var toBalance = this.balances.get(to) || new BigNumber(0);
            this.balances.set(to, toBalance.add(value));

            this.transferEvent(true, from, to, value);
        } else {
            throw new Error("transfer failed.");
        }
    },

    transferEvent: function (status, from, to, value) {
        Event.Trigger(this.name(), {
            Status: status,
            Transfer: {
                from: from,
                to: to,
                value: value
            }
        });
    },

    approve: function (spender, currentValue, value) {
        var from = Blockchain.transaction.from;

        var oldValue = this.allowance(from, spender);
        if (oldValue != currentValue.toString()) {
            throw new Error("current approve value mistake.");
        }

        var balance = new BigNumber(this.balanceOf(from));
        var value = new BigNumber(value);

        if (value.lt(0) || balance.lt(value)) {
            throw new Error("invalid value.");
        }

        var owned = this.allowed.get(from) || new Allowed();
        owned.set(spender, value);

        this.allowed.set(from, owned);

        this.approveEvent(true, from, spender, value);
    },

    approveEvent: function (status, from, spender, value) {
        Event.Trigger(this.name(), {
            Status: status,
            Approve: {
                owner: from,
                spender: spender,
                value: value
            }
        });
    },

    allowance: function (owner, spender) {
        var owned = this.allowed.get(owner);

        if (owned instanceof Allowed) {
            var spender = owned.get(spender);
            if (typeof spender != "undefined") {
                return spender.toString(10);
            }
        }
        return "0";
    }
};

module.exports = StandardToken;