ABCC cryptocurrency exchange has partnered with the ninth largest cryptocurrency Tron to Become First Platform to List TRC10 Tokens

ABCC cryptocurrency exchange has partnered with the ninth largest cryptocurrency Tron to Become First Platform to List TRC10 Tokens

ABCC cryptocurrency exchange has partnered with the ninth largest cryptocurrency Tron (TRX), as per a tweet posted January. 15. Tron's founder and chief executive officer Justin Sun after confirmed the news on Twitter.

As per the announcement, the partnership has made ABCC the primary crypto exchange to list tokens based on Tron’s TRC10 technical standard.

The announcement was created some days once the exchange 1st disclosed that its was within the method of adding support for tokens supported each the TRC10 and TRC20 standards.

According to Tron’s guide for developers, TRC10 is a technical standard for tokens that are supported by the crytpocurrency’s native blockchain while not the deployment of the Tron Virtual Machine (TVM).

However, TRC20 is a technical standard used for smart contracts that implement tokens with the TVM.

it's conjointly fully compatible with Ethereum’s (ETH) ERC-20 standard tokens.

In December 2018, Tron’s chief executive officer Justin Sun said that the Firm can build a fund to rescue Ethereum and Eos developers from what he referred to as the collapse of their respective platforms.

More recently, former chief strategy officer of BitTorrent argued that Tron will be unable to handle the required transaction volume needed to tokenize the torrent consumer.

Having obtained BitTorrent in July 2018, Tron used its own protocol to launch a cryptocurrency token for the platform dubbed “BTT” in early Jan this year.

As of press time, Tron’s native token TRX is ranked as the ninth largest cryptocurrency by market cap, that is at around $1.63 billion. The coin is trading at around $0.03, down over 5 % on the day, as per data from Top Market Cap.

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