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I would like to know what are security holes when launching an ERC20 token or other tokens. Below is my process of launching token:

  • Creates an ERC20 token contract with truffle.
  • Defines network configuration of ropsten.infura.io with HD wallet by passing mnemonic of wallet to sign transactions.
  • Compile and migrate it to ropsten network.
  • Doing transaction(transfer etc) from truffle console / Myetherwallet interface interation / web3 interface etc.

suggestions in order to improve security are highly appreciated. looking forward Thanks :)

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