🐕Deploy (D)

Deploy (D):

Deploy transactions are used to create new tokens on the Dogecoin blockchain.

• Type: D (Deploy)

• Action: D

• Fields:

  • token: The unique identifier for the token.

  • total: The total supply of the token.

  • limit: The maximum amount of tokens that can be minted per one mint.

  • decimal: The number of decimal places the token supports.

Example OP_RETURN Data:

D D TOKEN_NAME 1000000 1000 2

Role of UTXOs:

• A UTXO is created to hold the data of the token deployment.

• This UTXO contains the OP_RETURN data with information about the token's creation.

• It does not represent a balance but serves as a historical record of the token's deployment.

Example Transaction Processing:

Deploy Transaction:

1. Extract OP_RETURN Data: Decode the hex-encoded string to extract token details.

2. Validate Fields: Ensure all required fields (token, total, limit, decimal) are present.

3. Store Token Data: Save the token details, including the deployer address and block metadata.