Cryptocurrency Q&A
Is Ethereum ERC-20 or trc20?
Is Ethereum ERC-20 or trc20?
AzurePulseStar
Sun May 12 2024
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5 answers
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I'm trying to understand the difference between Ethereum ERC-20 and TRC20, but I'm a bit confused. Could you please clarify for me? I've heard that ERC-20 is a standard for tokens on the Ethereum blockchain, but what about TRC20? Is it related to another blockchain platform? If so, which one? Also, I'm curious about the similarities and differences between these two token standards. Could you outline the key points for me? I'm eager to learn more about this fascinating area of cryptocurrency and finance.
5 answers
isabella_taylor_activist
Tue May 14 2024
TRC-20, on the other hand, is a standard specific to the TRON blockchain.
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Silvia
Tue May 14 2024
It provides a similar framework for tokens issued on the TRON network, enabling various functionalities and interactions within the TRON ecosystem.
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Andrea
Tue May 14 2024
ERC-20 and TRC-20 are two distinct standards used for tokens on varying blockchain platforms.
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Nicola
Tue May 14 2024
ERC-20 is a widely recognized standard for tokens issued on the Ethereum blockchain.
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Carlo
Tue May 14 2024
This standard defines a common set of rules and functionalities for tokens, ensuring compatibility and interoperability across the Ethereum ecosystem.
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