ABCC Exchange Partners With Tron to Become First Platform to List TRC10 Tokens - BITCOIN NET MAGZ

ABCC Exchange Partners With Tron to Become First Platform to List TRC10 Tokens

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ABCC cryptocurrency market has partnered with the ninth largest cryptocurrency Tron (TRX), as per a tweet published Jan. 15. Tron's founder and CEO Justin Sun subsequently confirmed the information on Twitter.

As per the statement, the venture has produced ABCC the very first crypto exchange to record tokens according to Tron's TRC10 specialized standard.

The statement has been made a couple of days after the exchange first revealed that its was in the process of adding support for tokens according to both the TRC10 along with TRC20 standards.

According to Tron's manual for programmers, TRC10 is a technical standard for tokens which can be supported by the crytpocurrency's native blockchain without the installation of this Tron Virtual Machine (TVM).

On the flip side, TRC‌20 is a technical standard used for smart contracts that apply tokens together with all the TVM. It's also fully compatible with Ethereum's (ETH) ERC‌-20 standard components.

Back in December 2018, Tron's CEO Justin Sun said that the firm is going to build a fund to save Ethereum along with EOS programmers from what he predicted the meltdown of their respective platforms.

Having acquired BitTorrent in July 2018, Tron used its protocol to establish a cryptocurrency token for the platform dubbed"BTT" in early January this season.

As of press time, Tron's indigenous market TRX is rated as the ninth largest cryptocurrency by market cap, that will be at roughly $1.63 billion. The coin is trading at about $0.03down more than 5 percent on the afternoon, based on data from CoinMarketCap.

 

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