Coinranking
| Coins | Price | 24h | |||
|---|---|---|---|---|---|
| | |||||
| 101 |  | $ | +0.00%  | ||
| 102 |  | $ | +0.00%  | ||
| 103 |  | $ | +0.17%  | ||
| 104 |  | $ | -0.03%  | ||
| 105 |  | $ | +38.89%  | ||
| 106 |  | $ | +0.00%  | ||
| 107 |  | $ | +6.07%  | ||
| 108 |  | $ | -37.50%  | ||
| 109 |  | $ | --%  | ||
| 110 |  | $ | --%  | ||
| 111 |  | $ | --%  | ||
| 112 |  | $ | --%  | ||
| 113 |  | $ | --%  | ||
| 114 |  | $ | --%  | ||
| 115 |  | $ | --%  | ||
| 116 |  | $ | --%  | ||
| 117 |  | $ | --%  | ||
| 118 |  | $ | --%  | ||
| 119 |  | $ | --%  | ||
| 120 |  | $ | --%  | ||
| 121 |  | $ | --%  | ||
| 122 |  | $ | --%  | ||
| 123 |  | $ | --%  | ||
| 124 |  | $ | --%  | ||
| 125 |  | $ | --%  | ||
| 126 |  | $ | --%  | ||
| 127 |  | $ | --%  | ||
| 128 |  | $ | --%  | ||
| 129 |  | $ | --%  | ||
| 130 |  | $ | --%  | ||
| 131 |  | $ | --%  | ||
| 132 |  | $ | --%  | ||
| 133 |  | $ | --%  | ||
| 134 |  | $ | --%  | ||
| 135 |  | $ | --%  | ||
| 136 |  | $ | --%  | ||
| 137 |  | $ | --%  | ||
| 138 |  | $ | --%  | ||
| 139 |  | $ | --%  | ||
| 140 |  | $ | --%  | ||
| 141 |  | $ | --%  | ||
| 142 |  | $ | --%  | ||
| 143 |  | $ | --%  | ||
| 144 |  | $ | --%  | ||
| 145 |  | $ | --%  | ||
Top gainers
| Coins | Price | 24h | |||
|---|---|---|---|---|---|
| |  | $ | +8.52%  | ||
| |  | $ | +1.68%  | ||
| |  | $ | +0.82%  | ||
| |  | $ | +0.76%  | ||
| |  | $ | +0.56%  | ||
| 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.