Cryptocurrency Q&A
What is the difference between ERC-20 and TRC20?
What is the difference between ERC-20 and TRC20?
GinsengBoostPowerBoost
Thu Jan 02 2025
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5 answers
1103
I'm trying to understand the differences between ERC-20 and TRC20. Specifically, I want to know about their address formats, the networks they operate on, transaction fees, and security.
5 answers
JamesBrown
Fri Jan 03 2025
Transferring TRC20-USDT often incurs lower fees compared to ERC20-USDT, owing to the characteristics and efficiency of the TRON network.
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isabella_doe_socialworker
Fri Jan 03 2025
TRC20-USDT signifies the USDT token issued specifically on the TRON blockchain network.
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SolitudeEcho
Fri Jan 03 2025
On the other hand, ERC20-USDT denotes the version of USDT released by Tether on the Ethereum network.
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DongdaemunTrendsetterStyleIcon
Fri Jan 03 2025
Despite being issued on different blockchain platforms, the TRC20 and ERC20 versions of USDT are functionally equivalent and possess the same value.
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OliviaTaylor
Fri Jan 03 2025
One notable difference between the two is the transaction fee associated with transferring these tokens.
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