I've been hearing a lot about TRC20 recently and I'm wondering if it's the same as Bitcoin. I know
Bitcoin is a cryptocurrency, but I'm not sure if TRC20 is just another name for it or if they're completely different things.
6 answers
Martina
Fri Nov 22 2024
BTCT is a TRC20 token designed to mirror the value of Bitcoin.
Ilaria
Fri Nov 22 2024
This token is fully backed by Bitcoin, ensuring its stability and value.
SakuraBloom
Fri Nov 22 2024
The reserve addresses where the Bitcoin backing BTCT is stored are publicly available.
CryptoChieftainGuard
Fri Nov 22 2024
Bitcoin TRC20 represents a unique digital asset.
Martina
Fri Nov 22 2024
This transparency allows anyone to audit the reserves and verify the token's backing.