Cryptocurrency Q&A
What is the difference between ERC 20 and TRC20?
What is the difference between ERC 20 and TRC20?
Michele
Mon May 13 2024
|
7 answers
1941
Could you please elaborate on the key differences between ERC-20 and TRC-20? I'm particularly interested in understanding how they operate on different blockchain networks, their compatibility with various wallets and exchanges, as well as the transaction fees associated with each. Additionally, I'd like to know if there are any significant advantages or disadvantages of using one over the other. Your insights would be greatly appreciated as I'm exploring the cryptocurrency landscape and aiming to make informed decisions.
7 answers
CryptoConqueror
Tue May 14 2024
It implements API functionality for tokens within Ethereum.
Was this helpful?
303
80
SejongWisdomKeeper
Tue May 14 2024
TRC20 and ETH20 represent distinct token standards.
Was this helpful?
373
62
Elena
Tue May 14 2024
TRC20 is tailored for technical specifications of tokens on Tron network.
Was this helpful?
261
29
lucas_clark_artist
Tue May 14 2024
TRC20, alternatively, is utilized for Tron assets.
Was this helpful?
118
80
Tommaso
Tue May 14 2024
ETH20, on the other hand, pertains to Ethereum network.
Was this helpful?
219
41
Load 5 more related questions
