Скачать или смотреть Mastering the EGLD Value Formatting for Smart Contracts and Accounts on MultiversX

Learn how to send `EGLD` values to accounts and smart contracts on the MultiversX blockchain. Understand the necessary formatting and types, ensuring smooth transactions every time.
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Mastering the EGLD Value Formatting for Smart Contracts and Accounts on MultiversX

When dealing with digital currencies like EGLD, proper formatting of the token amount you wish to send can sometimes become a challenge, especially when interacting with smart contracts (SCs) or user accounts on the MultiversX blockchain. If you've encountered confusion regarding how to format an EGLD value (for example, 1.5 EGLD), you're not alone. Let's break down how to correctly format these values for smooth transactions.

Understanding EGLD and Its Decimal Configuration

In the world of cryptocurrencies, every token often has a specific number of decimals that determines how fine-grained the value can be. For EGLD, the configuration allows for up to 18 decimals. But what does this really mean for your transactions?

When you see 1 EGLD, it is not just a simple integer; rather, it represents:

[[See Video to Reveal this Text or Code Snippet]]

This means the smallest unit of EGLD is 0.000000000000000001 EGLD.

Converting EZGLD Values into BigUInt

For many programming interfaces (like mxpy) or related tools, when sending EGLD to an account or smart contract, you'll need to convert the human-readable format (like 1.5 EGLD) into an un-denominated integer format. Here’s how:

Step 1: Multiply by 10^18

For instance, if you want to send 1.5 EGLD, you must convert it as follows:

Formula:

[[See Video to Reveal this Text or Code Snippet]]

Example:

[[See Video to Reveal this Text or Code Snippet]]

This lengthy integer (1500000000000000000) is the format that should be passed in code when dealing with BigUInt types.

Step 2: Using User-Friendly Interfaces

One important aspect is that if you’re using a web wallet or another user-friendly graphical interface to send EGLD, you often won’t need to worry about this conversion. These interfaces generally handle the denomination for you:

When you input 1.5 EGLD, the interface will typically convert it into the appropriate un-denominated value automatically before processing the transaction.

Important Points to Remember

BigUInt Requirement: When sending EGLD programmatically or via scripts, always ensure to use the un-denominated value in BigUInt format.

User interfaces: Rely on user-friendly wallets to manage denomination automatically for seamless transfer.

Decimal Awareness: Always be aware of the decimal place of EGLD when performing conversions to avoid sending incorrect values.

Conclusion

Correctly formatting and understanding the value of EGLD can simplify the process of sending transactions on the MultiversX blockchain, whether you are communicating with a smart contract or simply transferring to another user account. By knowing the necessity for BigUInt values and how to convert your human-readable EGLD amounts, you can ensure that your transactions are carried out successfully and efficiently.



With this knowledge, every transaction you make involving EGLD can be executed with confidence, enhancing your overall experience in the MultiversX ecosystem.