Martina
Tue May 14 2024
|
6 answers
1408
Is TRON based on Ethereum?
I'm curious to know if TRON is actually based on Ethereum? The reason I ask is because I've been hearing a lot about both platforms in the cryptocurrency world, and I'm trying to understand the relationship between them. Ethereum, as I understand, is a popular blockchain platform that enables the development of smart contracts and decentralized applications. TRON, on the other hand, seems to be making some big waves in the cryptosphere with its focus on content sharing and entertainment. So, is there a technological link between these two projects? Or are they completely separate entities? I'd appreciate it if you could clarify this for me.
alexander_smith_musician
Mon May 13 2024
|
5 answers
882
Is ERC20 token based on blockchain?
I'm curious about the ERC20 token and its relationship with blockchain technology. Could you please clarify if ERC20 tokens are indeed based on blockchain? If so, could you explain how this works? I'm trying to understand the underlying principles and mechanics of ERC20 tokens and how they interact with blockchain networks. Would it be accurate to say that ERC20 tokens are digital assets that are issued, traded, and stored on the blockchain? And what are the specific advantages or benefits of using ERC20 tokens on a blockchain platform?
