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Concepts

The key ideas behind tokens, owners, authorities and fees, in plain language.

Connected wallets and trading wallets

Your connected wallet holds its own keys and approves deployments and manual transactions. Separate trading wallets sign scheduled trades in your browser. Their keys are encrypted in browser storage.

Token standards

A token standard defines how a token behaves so wallets and exchanges can handle it. The standard depends on the network.

StandardNetwork family
ERC-20Ethereum and other EVM networks
SPL TokenSolana

Owners and authorities

On EVM networks, a token contract usually has an owner who can call restricted functions such as minting or pausing. On Solana, the same powers are held by separate authorities, for example a mint authority and a freeze authority.

Mint, burn and supply

Minting creates new tokens and raises the supply. Burning destroys tokens and lowers it. A token whose minting is disabled has a fixed supply.

Freeze, pause and blacklist

These let an owner stop transfers. Freezing targets individual accounts, pausing halts every transfer, and a blacklist blocks specific addresses. They give the owner power over holders, so buyers and scanners treat them with caution.

Renounce and revoke

Renouncing ownership (EVM) or revoking an authority (Solana) permanently removes that power. It cannot be undone, which is why it increases trust and why you must be sure before you do it.

Network fees

Every transaction pays a fee to the network (gas on EVM chains, a small fee plus rent on Solana). This goes to the network, not to CryptoMuz. A separate platform fee, if any, is shown in the launch review before you sign.

Testnets

A testnet is a practice network. Its coins and tokens have no value, and you get test coins from a faucet. Use one to rehearse a launch at no cost.