# | Coins | Price | 24h | ||
---|---|---|---|---|---|
| |||||
| 101 | | $ | +0.00% | |
| 102 | | $ | +0.00% | |
| 103 | | $ | +0.72% | |
| 104 | | $ | +0.60% | |
| 105 | | $ | -3.65% | |
| 106 | | $ | +0.00% | |
| 107 | | $ | -9.68% | |
| 108 | | $ | -1.05% | |
| 109 | | $ | -10.56% | |
| 110 | | $ | +5.24% | |
| 111 | | $ | -4.16% | |
| 112 | | $ | -41.55% | |
| 113 | | $ | -4.77% | |
| 114 | | $ | -7.87% | |
| 115 | | $ | -7.79% | |
| 116 | | $ | -2.86% | |
| 117 | | $ | +0.00% | |
| 118 | | $ | +0.00% | |
| 119 | | $ | +0.00% | |
| 120 | | $ | +8.94% | |
| 121 | | $ | +16.29% | |
| 122 | | $ | +0.54% | |
| 123 | | $ | +0.00% | |
| 124 | | $ | +58.17% | |
| 125 | | $ | -0.12% | |
| 126 | | $ | -5.78% | |
| 127 | | $ | -0.92% | |
| 128 | | $ | --% | |
| 129 | | $ | -1.81% | |
| 130 | | $ | -0.80% | |
| 131 | | $ | -9.96% | |
| 132 | | $ | -6.05% | |
| 133 | | $ | -0.02% | |
| 134 | | $ | +0.00% | |
| 135 | | $ | -1.76% | |
| 136 | | $ | +31.00% | |
| 137 | | $ | -0.17% | |
| 138 | | $ | +0.00% | |
| 139 | | $ | +0.00% |
Top gainers
Coins | Price | 24h | |||
---|---|---|---|---|---|
| | $ | +7.25% | ||
| | $ | +0.06% | ||
| | $ | +0.01% | ||
| | $ | +0.02% | ||
| | $ | -1.06% | ||
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.