The TRC-20 token standard allows for tokens to be created on the TRON network.
For the TRC-20 protocol to work correctly, the token's contract is required to implement several functions. There are three optional items and six required items that need to be defined in TRC-20 token development.
The following are some of the functions that are used in TRON's TRC20 implementation.
TRON Virtual Machine is a lightweight, complete VM. Its purpose is to offer millions of developers a custom-built system for an efficient, easy, safe, and scalable blockchain.
TRON blockchain is an open-source protocol serving the digital content distribution space. It extends its support for several blockchains and smart contract systems. These include Bitcoin, Ethereum, and many public blockchain networks. TRON offers a multiprotocol infrastructure to developers for application development in the digital entertainment industry, allowing users to benefit from smooth multiprotocol smart networks.
It uses its own cryptocurrency (TRX) to enable access to different services offered on its platform. Customers can pay using TRX for the services they use. The platform enables one-on-one interaction between consumers of content and the content creators.
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