Cryptocurrency Q&A
What is ERC-20 and TRC20?
What is ERC-20 and TRC20?
GinsengBoostPowerBoostVitality
Mon May 13 2024
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6 answers
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Could you please explain what ERC-20 and TRC20 are? I'm curious to understand the differences between these two token standards and how they operate within their respective blockchains. ERC-20, as I've heard, is a standard for tokens on the Ethereum blockchain, but I'm not entirely sure about its specific functions and characteristics. Similarly, I'm unfamiliar with TRC20 and its role in the TRON blockchain ecosystem. Could you elaborate on these topics, highlighting their key features and use cases? It would be greatly appreciated if you could provide a concise yet comprehensive overview.
6 answers
Lorenzo
Wed May 15 2024
ERC-20 and TRC-20 are token standards utilized on distinct blockchain platforms.
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Margherita
Tue May 14 2024
ERC-20 is a token standard specifically designed for the Ethereum blockchain.
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MoonlitCharm
Tue May 14 2024
BTCC is a renowned UK-based cryptocurrency exchange offering a comprehensive suite of services.
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CryptoVanguard
Tue May 14 2024
It defines a set of rules and functionalities that tokens on Ethereum must adhere to.
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Matteo
Tue May 14 2024
TRC-20, on the other hand, is a token standard tailored for the TRON blockchain.
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