common-close-0
BYDFi
Trade wherever you are!

How does TRC10 differ from other digital currencies?

avatarCarolina ContrerasDec 27, 2021 · 3 years ago3 answers

What are the key differences between TRC10 and other digital currencies?

How does TRC10 differ from other digital currencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    TRC10 is a token standard on the TRON blockchain, which means it operates on the TRON network. Unlike other digital currencies, TRC10 tokens are not mined but created and issued by the token creator. This allows for greater control and flexibility in managing the token supply and distribution.
  • avatarDec 27, 2021 · 3 years ago
    TRC10 tokens are also compatible with the TRON Virtual Machine (TVM), which enables developers to build and deploy smart contracts on the TRON network. This makes TRC10 tokens more versatile and opens up a wide range of possibilities for decentralized applications and tokenized assets.
  • avatarDec 27, 2021 · 3 years ago
    From BYDFi's perspective, TRC10 tokens offer a unique value proposition for our users. They provide fast and low-cost transactions, high scalability, and seamless integration with the TRON ecosystem. This makes TRC10 tokens an attractive option for users looking for efficient and cost-effective digital currency solutions.