TRC-10 (TRON) Definition
TRC-10 is a technical standard for tokens supported by the TRON blockchain network without the need for the deployment of the TRON Virtual Machine (TVM). TRC-10 tokens are easier and cheaper to create than their TRC-20 counterparts, making them a popular choice for developers who want to quickly launch a token with basic functionalities.
TRC-10 (TRON) Key Points
- TRC-10 is a token standard on the TRON blockchain.
- TRC-10 tokens do not require the deployment of the TRON Virtual Machine (TVM).
- Creating a TRC-10 token is cheaper and simpler than creating a TRC-20 token.
- TRC-10 tokens have basic functionality and are often used for simple transactions and transfers.
What is TRC-10 (TRON)?
TRC-10 is a type of token standard on the TRON blockchain. It’s a technical standard used for smart contracts when implementing tokens with the TRON Virtual Machine (TVM). TRC stands for “TRON Request for Comment,” which is a type of technical standard used in the TRON blockchain for proposing improvements.
Who uses TRC-10 (TRON)?
TRC-10 tokens are used by developers who want to create a new token on the TRON blockchain. They are also used by users who want to transact or hold a token with basic functionalities on the TRON network.
When was TRC-10 (TRON) created?
TRC-10 was created after the launch of the TRON mainnet in June 2018. It was part of TRON’s effort to create a robust ecosystem for developers and users.
Where is TRC-10 (TRON) used?
TRC-10 tokens are used within the TRON blockchain network. They can be traded, bought, or sold on TRON’s decentralized exchange, TRXMarket, and other exchanges that support TRC-10 tokens.
Why is TRC-10 (TRON) important?
TRC-10 tokens are important because they provide a simple and cost-effective way for developers to create tokens on the TRON blockchain. They also provide users with a way to transact and hold tokens with basic functionalities.
How does TRC-10 (TRON) work?
TRC-10 tokens work by following the TRC-10 technical standard on the TRON blockchain. When a developer wants to create a new token, they specify the token’s parameters such as the total supply, token name, and precision. Once the token is created, it can be used for simple transactions and transfers on the TRON network.
