Cryptocurrency Q&A What is TRC20?

What is TRC20?

ethan_harrison_chef ethan_harrison_chef Fri Nov 29 2024 | 5 answers 641
TRC20 is a smart contract token standard on the TRON network, similar to ERC20 on Ethereum. It allows the creation, issuance, transfer, and trading of tokens on the TRON blockchain, facilitating cross-chain interoperability. TRC20 tokens offer compatibility, flexibility, security, and fast transaction speeds, often with lower fees compared to other networks. What is TRC20?

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