Cryptocurrency Q&A Are ERC-20 and TRC20 the same?

Are ERC-20 and TRC20 the same?

Chloe_thompson_artist Chloe_thompson_artist Mon Jan 06 2025 | 5 answers 1419
ERC-20 and TRC20 are not the same. They are two different blockchain protocols based on Ethereum and TRON networks respectively, with distinct features such as transaction fees, speed, and smart contract capabilities. Are ERC-20 and TRC20 the same?

5 answers

Giuseppe Giuseppe Wed Jan 08 2025
USDT TRC20 features a contract address prefixed with "T".

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Riccardo Riccardo Wed Jan 08 2025
On the other hand, the USDT ERC20 variant boasts a contract address beginning with "0x".

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Eleonora Eleonora Wed Jan 08 2025
This naming convention applies universally to all tokens hosted on the Tron blockchain.

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Martina Martina Wed Jan 08 2025
These tokens are identical but operate within distinct ecosystems.

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Ilaria Ilaria Wed Jan 08 2025
Similarly, all tokens on the Ethereum blockchain adhere to this standard of contract address format.

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