# | Coins | Price | 24h | ||
---|---|---|---|---|---|
| |||||
| 1 | | $ | -6.89% | |
| 2 | | $ | +6.40% | |
| 3 | | $ | -7.63% | |
| 4 | | $ | -2.12% | |
| 5 | | $ | -21.10% | |
| 6 | | $ | -11.33% | |
| 7 | | $ | -6.82% | |
| 8 | | $ | -7.45% | |
| 9 | | $ | -6.62% | |
| 10 | | $ | -4.17% | |
| 11 | | $ | -6.24% | |
| 12 | | $ | -0.11% | |
| 13 | | $ | -3.13% | |
| 14 | | $ | -0.81% | |
| 15 | | $ | -5.62% | |
| 16 | | $ | +0.05% | |
| 17 | | $ | +0.04% | |
| 18 | | $ | +84.20% | |
| 19 | | $ | -6.24% | |
| 20 | | $ | +9.58% | |
| 21 | | $ | -7.75% | |
| 22 | | $ | -4.26% | |
| 23 | | $ | +0.00% | |
| 24 | | $ | --% | |
| 25 | | $ | --% | |
| 26 | | $ | --% | |
| 27 | | $ | --% | |
| 28 | | $ | --% | |
| 29 | | $ | --% | |
| 30 | | $ | --% | |
| 31 | | $ | --% | |
| 32 | | $ | --% | |
| 33 | | $ | --% | |
| 34 | | $ | --% | |
| 35 | | $ | --% | |
| 36 | | $ | --% | |
| 37 | | $ | --% | |
| 38 | | $ | --% | |
| 39 | | $ | --% | |
| 40 | | $ | --% | |
| 41 | | $ | --% | |
| 42 | | $ | --% | |
| 43 | | $ | --% | |
| 44 | | $ | --% | |
| 45 | | $ | --% | |
| 46 | | $ | --% | |
| 47 | | $ | --% | |
| 48 | | $ | --% | |
| 49 | | $ | --% | |
| 50 | | $ | --% |
Top gainers
Coins | Price | 24h | |||
---|---|---|---|---|---|
| | $ | +6.40% | ||
| | $ | +0.05% | ||
| | $ | +0.04% | ||
| | $ | -0.11% | ||
| | $ | -0.81% | ||
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.