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9 votes

What is the difference between Transfer and TransferChecked instruction from the SPL Token P...

@callum-m nailed it. There's an added benefit that's less obvious in that hardware wallets can display the transfer amount and asset safely and correctly with TransferChecked whereas they cannot with …
trent.sol's user avatar
  • 4,585
4 votes

Is there a standard value for burn account?

No. Tokens should be burnt by issuing the Burn instruction declared by the SPL Token program. Actual native (not wrapped!) lamports (SOL) can be sent to the incinerator. Sending any other asset to t …
trent.sol's user avatar
  • 4,585
1 vote

Is there a way to burn a specific SPL Token quantity within a wallet while simultaneously mi...

Assuming you want to actually enforce that the tokens are burned before allowing the mint to occur, you would need to implement this as a program that CPIs into the spl token program
trent.sol's user avatar
  • 4,585
0 votes

Is there any way to use custom token program over token program?

You would have to convince all token program consuming services to add support to adopt your program implementation. This is very unlikely to happen if its a one-off implementation with no other popu …
trent.sol's user avatar
  • 4,585