I've heard about TRC20-BTC and I'm wondering what it exactly is. I know it's related to the
TRON blockchain and Bitcoin, but I need a clear explanation of how it works and what its uses are.
6 answers
GangnamGlamourQueen
Sat Jan 04 2025
Bitcoin TRC20, also known as BTCT, is a unique digital token.
JejuSunshineSoulMateWarmth
Fri Jan 03 2025
It is fully backed by Bitcoin (BTC), ensuring its value is anchored to the original cryptocurrency.
Alessandra
Fri Jan 03 2025
Despite operating on the Tron blockchain, BTCT maintains the value and security associated with Bitcoin. This ensures that users can enjoy the benefits of Tron's technology while still benefiting from Bitcoin's stability and security.
Matteo
Fri Jan 03 2025
The reserve addresses of BTCT are publicly available for auditing. This transparency adds a layer of trust and security for investors and users.
Valentino
Fri Jan 03 2025
BTCT operates on the Tron blockchain. This integration allows it to leverage the high-speed transaction capabilities of Tron.