Ever since TRON(TRX) came into light in 2017, it has had one of the most vocal following around the cryptosphere. Mainly, for decentralized applications(DApps), Tron (TRX) is considered as a groundbreaking innovation. This is because TRON tokens enable faster, better, more secure and efficient transactions and provide complete freedom for users to develop and issue tokens on their own network. However, the core functionalities of TRX do not differ from Ethereum or Bitcoin.
There are two types of TRON (TRX) tokens, i.e TRC10 and TRC20. TRC10 is a token that is produced by the blockchain on its own network. Whereas, TRC20 tokens are the ones that are implemented for the creation of tokens with the help of TRON Virtual Machine(TVM) which is compatible with ERC20 as well.
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