Token Issuance

In the TRON network, every account is capable of issuing tokens at the expense of 1024 TRX. Users can lock their tokens in separately. To issue tokens, the issuer needs to specify a token name, total capitalization, the exchange rate to TRX, circulation duration, description, website, maximum bandwidth points consumption per account, total bandwidth points consumption, and token freeze.

For example:

assetissue password abc 1000000 1 1 2018-5-31 2018-6-30 abcdef a.com 1000 1000000 200000 180 300000 365

Tokens named abc are issued with the above command, with a capitalization totaling 1 million. The exchange rate of abc to TRX is 1:1. The duration of circulation is May 31-June 30, 2018. The token has a description of abcdef. The provided website is a.com domain.

A maximum of 1000 bandwidth points can be charged from the issuer’s account per day. A maximum of 1,000,000 bandwidth points can be charged from the issuer’s account for all token holders’ transactions each day. In total capitalization, 200,000 tokens are locked for 180 days and 300,000 tokens are locked for 365 days.

TRC10 & TRC20 Comparison

TRC-10 is a technical token standard supported by the TRON blockchain natively. TRC‌-20 is a technical standard used for smart contracts on the TRON blockchain for implementing tokens with the TRON Virtual Machine (TVM). It is fully compatible to ERC‌-20. Below is the interface:

contract TRC20Interface {
    function totalSupply() public constant returns (uint);
    function balanceOf(address tokenOwner) public constant returns (uint balance);
    function allowance(address tokenOwner, address spender) public constant returns (uint remaining);
    function transfer(address to, uint tokens) public returns (bool success);
    function approve(address spender, uint tokens) public returns (bool success);
    function transferFrom(address from, address to, uint tokens) public returns (bool success);

    event Transfer(address indexed from, address indexed to, uint tokens);
    event Approval(address indexed tokenOwner, address indexed spender, uint tokens);
}

The following are some comparisons between TRC-10 and TRC-20, and how these differences might be significant for each of the communities. The highlights are that TRC-10 has about 1000 times lower transaction fee than TRC-20 and can be accessed via API.

Developers

* Each TRC-20 can have more interfaces
** For example, Create Token API
*** These operators are intended to be verified contracts, such as an exchange, a check processor, or an automatic charging system.

Investors

Exchanges/Wallets

Platform

Bugs/Security

Cost

Community

Links