According to the announcement, ABCC crypto exchange signs a partnership with Tron. This collaboration makes ABCC the first platform that is listing tokens operating on TRC10 token at Tron technical standard.
This news was out few days after ABCC firm unveils about the update to add the support for tokens. This was in process for TRC10 token as well as TRC20 token standards.
We are excited to announce our partnership with @Tronfoundation ahead of #niTROn2019! @Justinsuntron#ABCC is the 1st exchange that will list #TRX 10 tokens – We are one of the top exchanges with great security and user interface. Stay tuned!
#Blockchain mass adoption is coming pic.twitter.com/8T5mcgB9jn
— ABCC Exchange (@ABCC_Exchange) January 15, 2019
The guide at Tron for developers says that TRC10 token is basically a technical standard relating tokens that back by the native blockchain of cryptocurrency without any Tron Virtual Machine (TVM) deployment.
Also, TRC20 token seems to be a technical standard specific for smart contracts. Mainly, for the token implementation with the TVM. Moreover, this token is entirely compatible with ERC-20 standard tokens from Ethereum. Even, the CEO at Tron, Justin Sun clarifies user doubts by confirming this news via a tweet on January 15.
— Justin Sun (@justinsuntron) January 15, 2019
Back in December, he also mentions that the firm is preparing to build a fund, rescuing an EOS and Ethereum developers which he calls the collapse of particular platforms.
In addition to this, the former chief strategy officer at BitTorrent made an argument saying Tron will not be able to tackle the necessary transaction volume which requires for tokenizing the torrent client.
Confirming the acquisition of BitTorrent, back in July, Tron is now using its own protocol for developing a cryptocurrency token. This crypto token dubs as BTT by earlier this month.
During the press release, TRX which is a native token as Tron by market cap, ranks as the ninth leading cryptocurrency, nearly over $1.63 billion.