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ABCC Becomes The First Exchange To Add TRC10 Token

ABCC cryptocurrency exchange announces its partnership with Tron (TRX), currently, the ninth largest cryptocurrency. Justin Sun, the CEO and founder of Tron confirms this news via Twitter.

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.

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.

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.

What are your views on ABCC adding TRC10 token? Share your thoughts on our Twitter and Facebook pages.

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ABCC Becomes The First Exchange To Add TRC10 Tokens
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ABCC Becomes The First Exchange To Add TRC10 Tokens
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ABCC cryptocurrency exchange announces its partnership with Tron (TRX), currently, the ninth largest cryptocurrency. Justin Sun, the CEO and founder of Tron confirms this news via Twitter.
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Qadir AK

Qadir Ak - Co-founder of Coinpedia Blog - His interest as crypto Author, Editor, Speaker at cryptocurrency conference has made him known as passionate blogger and startup in Asia.

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