TRC-20 is a token standard on the TRON blockchain, analogous to Ethereum's ERC-20 standard. It defines a set of rules and guidelines for creating and managing tokens that can be seamlessly integrated and interact within the TRON ecosystem. TRC-20 tokens are used for various applications, including decentralized finance (DeFi), gaming, and other blockchain-based services. This standard ensures that tokens comply with specific requirements for transferability, transaction handling, and balance management, promoting interoperability across different decentralized applications (dApps) and smart contracts on the TRON network. The TRC-20 standard facilitates the creation of a wide range of digital assets, enhancing the versatility and functionality of the TRON blockchain.
