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The main goal of this token standard proposal is to prevent tokens loses during a token transfer. ERC223 wants to treat the token transfer in the same way as Ether transactions which means to handle each transaction as an event. This can prevent any token lose.
This is a token contract based on the ERC20 token standard. ERC20 protocol allows developers to develop a token that complies with common, basic behavioral rules.
5 MODEX Per. Compilation