TRC10 and TRC20 Token in Tron

What is TRON?

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TRON is a multi-purpose smart contract platform to develop and deploy decentralized applications (dApps). It utilizes a delegated Proof-of-Stake (DPoS) consensus mechanism, which improves performance while sacrificing true decentralization and resistance to censorship. Tron is the brainchild of infamous cryptocurrency celebrity Justin Sun, who also acquired the peer-to-peer file-sharing network BitTorrent through Tron in 2018 and launched the BitTorrent Token (BTT) a few months later.

TRC-10

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TRC-10 tokens were previously on the Ethereum blockchain but were later moved to TRX's own blockchain. It's extremely simple to create, and almost every popular desktop wallet now supports TRC-10 out of the box. Additionally, it is used in the well-known BitTorrent protocol.

This concludes our brief introduction to the TRC-10. Nowadays, the majority of decentralized applications make use of TRC-20 tokens.

TRC-20

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This token is used in smart contracts and provides additional functionality over the TRC-10 token. The tokens are compatible with the ERC-20 standard for Ethereum. Thus, developers who wish to use multiple tokens in their dapps can also benefit from this.

TRON (TRX) is a cryptocurrency with a lot of potential on both the crypto blockchain and in the context of smart contracts. Though its future will be determined by the type of dapps that use it.

I hope you find some value in this succinct yet straightforward explanation of the two tokens.