Coinranking
| Coins | Price | 24h | |||
|---|---|---|---|---|---|
| | |||||
| 1 |  | $ | -0.02%  | ||
| 2 |  | $ | -0.05%  | ||
| 3 |  | $ | -1.52%  | ||
| 4 |  | $ | -1.04%  | ||
| 5 |  | $ | -3.41%  | ||
| 6 |  | $ | -0.04%  | ||
| 7 |  | $ | -2.26%  | ||
| 8 |  | $ | +2.03%  | ||
| 9 |  | $ | -2.13%  | ||
| 10 |  | $ | -7.48%  | ||
| 11 |  | $ | -2.04%  | ||
| 12 |  | $ | -9.14%  | ||
| 13 |  | $ | -4.70%  | ||
| 14 |  | $ | -2.23%  | ||
| 15 |  | $ | -5.68%  | ||
| 16 |  | $ | -2.56%  | ||
| 17 |  | $ | -10.92%  | ||
| 18 |  | $ | -2.35%  | ||
| 19 |  | $ | -11.42%  | ||
| 20 |  | $ | -7.12%  | ||
| 21 |  | $ | -28.52%  | ||
| 22 |  | $ | +0.00%  | ||
| 23 |  | $ | +304.98%  | ||
| 24 |  | $ | +0.00%  | ||
| 25 |  | $ | +0.00%  | ||
| 26 |  | $ | +0.23%  | ||
| 27 |  | $ | -1.81%  | ||
| 28 |  | $ | -14.97%  | ||
| 29 |  | $ | +0.00%  | ||
| 30 |  | $ | +0.03%  | ||
| 31 |  | $ | -2.90%  | ||
| 32 |  | $ | -33.35%  | ||
| 33 |  | $ | -2.45%  | ||
| 34 |  | $ | -2.03%  | ||
| 35 |  | $ | -6.70%  | ||
| 36 |  | $ | +30.96%  | ||
| 37 |  | $ | +1.42%  | ||
| 38 |  | $ | -3.88%  | ||
| 39 |  | $ | -0.93%  | ||
| 40 |  | $ | -0.05%  | ||
| 41 |  | $ | -0.72%  | ||
| 42 |  | $ | +0.00%  | ||
| 43 |  | $ | +20.95%  | ||
| 44 |  | $ | -5.31%  | ||
| 45 |  | $ | +6.53%  | ||
| 46 |  | $ | +0.00%  | ||
| 47 |  | $ | +0.00%  | ||
| 48 |  | $ | -2.96%  | ||
| 49 |  | $ | +11.75%  | ||
| 50 |  | $ | +0.28%  | ||
Top gainers
| Coins | Price | 24h | |||
|---|---|---|---|---|---|
| | | $ | +2.03% | ||
| | | $ | -0.02% | ||
| | | $ | -0.05% | ||
| | | $ | -0.04% | ||
| | | $ | -1.04% | ||
| All gainers | |||||
What are TRC-20 tokens?
TRC-20 tokens represent a significant development on the TRON blockchain, introducing a standard that aligns with Ethereum's ERC-20 but tailors itself to TRON's ecosystem. This token standard enables the creation and execution of smart contracts, defining a set of rules that all TRC-20 tokens adhere to when deployed on the TRON network.
What are the features of the TRC-20 token?
These tokens boast several unique characteristics:
- Diverse Utilization: TRC-20 tokens cater to a broad spectrum of applications within the TRON ecosystem, including DeFi, gaming, NFTs, and more.
- Enhanced Security Measures: Built on the robust TRON blockchain, TRC-20 tokens prioritize user security. Their design ensures a high level of safety for transactions and interactions within the network.
- Compatibility and Accessibility: TRC-20 tokens are seamlessly compatible with Ethereum's ERC-20 tokens, facilitating interoperability and opening doors to a broader user base.
What are the advantages of TRC-20 Tokens?
The TRON blockchain offers a number of advantages for smart contract implementation:
- Scalability: The TRON network's impressive capacity to handle up to 2,000 transactions per second marks a significant advantage. This scalability is helps support large-scale applications.
- Cost-effectiveness: Transaction costs on the TRON network are notably lower compared to several other blockchain platforms, which makes it a cost effective option for users and developers alike.
- Robustness and Security: The TRC-20 standard has undergone rigorous testing and audits within the TRON community, ensuring its robustness and security.
TRC-20 vs ERC-20 Tokens
While TRC-20 tokens share similarities with ERC-20 tokens in terms of token creation, interoperability, smart contracts, and transferability, they also demonstrate notable differences. TRC-20 tokens, native to TRON, exhibit faster transaction speeds and lower transaction fees compared to their Ethereum-based counterparts.
Use of TRC-20 Tokens in smart contracts
Some of the smart contracts have leveraged TRC-20 tokens:
- WINK (WIN): A decentralized gaming platform that rewards users with TRC-20 WIN tokens for participation.
- Tether (USDT-TRON): A stablecoin pegged to the US dollar, facilitating transactions and trades on the TRON network.
- BitTorrent (BTT): A decentralized file-sharing platform incentivizing file-sharing activities through TRC-20 BTT tokens.
- JUST (JST): A decentralized lending platform utilizing TRC-20 JST tokens for governance and staking purposes.
Final thoughts on TRC-20
TRC-20 tokens on the TRON blockchain offer a robust, secure, and versatile standard for token creation and smart contract execution. While distinct from ERC-20 tokens, TRC-20 tokens present unique advantages, making them a compelling choice for developers and users seeking efficient, secure, and expansive capabilities within a growing decentralized environment.