What is TRC10 and TRC20?

    • 67 posts
    March 8, 2022 1:01 AM EST

    TRON is a blockchain ecosystem based on the concept of decentralization and provides an easy way for developers to build their decentralized applications and tokens. As a public blockchain, TRON allows public users, including developers & organizations, to build their decentralized apps such as wallets and DApps, and tokens on TRON.

     

    The TRON public blockchain is the core of the TRON ecosystem and is designed to follow the TRON protocol. Similar to other blockchains such as Ethereum, TRON allows development as well as transferring of digital assets, DApp creation & deployment, issuing new tokens, staking, and more.

     

    If you want to know more about the TRON token development please refer to the below link:- 

    https://blog.sagipl.com/tron-development/


    This post was edited by Sag Ipl at March 8, 2022 1:03 AM EST
    • 93 posts
    March 7, 2022 2:04 AM EST

    TRC10 Tokens - are the very first tokens that was released on TRON MainNet. Any user of the TRON blockchain can issue their own TRC10 token by spending around 1024 TRX. These tokens can be stored in any crypto wallet that supports TRX.

     

    TRC20 Tokens - it is popularly termed as the Ethereum Killer. This TRC20 token was create based on the format of Ethereum token ERC20. It also has the capacity to implement extra logic and offers a high bandwidth capacity, which has influenced several people to switch from Ethereum to TRON.

    To know about TRON token standards in detail, get in touch with Security Tokenizer, a leading TRON token development company.