What is the difference between TRC and TRC20?

TRC10 and TRC20 tokens represent two distinct token standards within the TRON network. Both are classified as TRON tokens, sharing a common ecosystem but differing in crucial aspects. Understanding these differences is essential for investors and developers alike.

TRC10 serves as a technical token standard within the TRON blockchain. It is designed to facilitate the seamless creation of tokens. This standard simplifies the process, allowing developers to quickly launch new tokens without extensive technical knowledge. The ease of creation makes TRC10 an attractive option for many projects looking to tokenize their assets on TRON.

In contrast, TRC20 is utilized for the creation and execution of smart contracts on the TRON blockchain. Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. TRC20 tokens are integral to these smart contracts, enabling more complex and interactive functionalities than TRC10 tokens.

The primary distinction between TRC10 and TRC20 lies in their use cases. TRC10 tokens are primarily used for simple token creation and distribution, making them suitable for projects that do not require the advanced features of smart contracts. On the other hand, TRC20 tokens cater to projects that need the capabilities of smart contracts, such as decentralized applications (DApps) and decentralized finance (DeFi) platforms.

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