Coins | Price | 24h | |||
---|---|---|---|---|---|
| |||||
51 | | $ | +3.00% | ||
52 | | $ | +1.24% | ||
53 | | $ | +9.89% | ||
54 | | $ | +3.34% | ||
55 | | $ | -0.14% | ||
56 | | $ | +1.76% | ||
57 | | $ | -3.13% | ||
58 | | $ | -1.16% | ||
59 | | $ | +0.00% | ||
60 | | $ | +7.96% | ||
61 | | $ | +0.00% | ||
62 | | $ | -0.48% | ||
63 | | $ | -2.95% | ||
64 | | $ | +0.00% | ||
65 | | $ | -33.57% | ||
66 | | $ | -0.66% | ||
67 | | $ | +3.46% | ||
68 | | $ | +3.85% | ||
69 | | $ | +0.00% | ||
70 | | $ | -2.11% | ||
71 | | $ | +1.15% | ||
72 | | $ | +35.80M% | ||
73 | | $ | -0.04% | ||
74 | | $ | +21.91% | ||
75 | | $ | +15.15% | ||
76 | | $ | +0.00% | ||
77 | | $ | +5.09% | ||
78 | | $ | +0.00% | ||
79 | | $ | +0.04% | ||
80 | | $ | -9.82% | ||
81 | | $ | +0.56% | ||
82 | | $ | +2.38% | ||
83 | | $ | -14.11% | ||
84 | | $ | -0.16% | ||
85 | | $ | -2.63% | ||
86 | | $ | +5.53% | ||
87 | | $ | +0.44% | ||
88 | | $ | +0.00% | ||
89 | | $ | +0.00% | ||
90 | | $ | +155.00% | ||
91 | | $ | -6.00% | ||
92 | | $ | +0.79% | ||
93 | | $ | +0.00% | ||
94 | | $ | +1.08% | ||
95 | | $ | -15.57% | ||
96 | | $ | -3.63% | ||
97 | | $ | +0.00% | ||
98 | | $ | -0.23% | ||
99 | | $ | -18.55% | ||
100 | | $ | -0.07% |
Top gainers
Coins | Price | 24h | |||
---|---|---|---|---|---|
| | $ | +14.13% | ||
| | $ | +8.20% | ||
| | $ | +7.37% | ||
| | $ | +7.55% | ||
| | $ | +6.80% | ||
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.