Before learning about Tron we have to ask some questions about TRC20 that the question is What is TRC20? This is the token offer to all the same benefits of the ERC-20 tokens. Ethereum is frequently suffering from congestion, and resulting in high fees and then that is having a poor user experience. Tron-based tokens are offering a convenient workaround. TRC-20 has used the best-known project of the tether. And then Ethereum always having its own technical ERC-20 token standard, which will do many other blockchains. These tokens are programmed according to the TRC-20 token standard. It will do many other blockchains. On Tron, these types of tokens are programmed depends on the TRC-20 token standard. So that the public blockchain anyone can issue our TRC-20 token standard.
In a public blockchain, anyone can ask the question on their TRC-20 token using the same basic set of rules and then our token can interact with any of the other apps running on the Tron platform. People can look at the similarities and differences between the Tron and ethereum to establish the role that TRC-20 tokens can play the vital and it will also examine the rules of the TRC-20 token standard and some applications. That including the biggest stable coin USDT using the Tron to issue our token.
TRON Vs Ethereum:
Tron VS Ethereum has many parallels and then critical differences. Like ethereum, Tron also uses a virtual machine and it is also known as the troll virtual machine that is TVM this is the kind of operating system for smart contracts running on the platform. So that the Tron Virtual Machine also uses the same solidity programming language as Ethereum. So that the Tron foundation intends to make it easy for the developers to port our existing apps and tokens into the Tron ecosystem this is designed by compatibility. Some of the ethereum uses the proof of the work consensus model. That is known for being relatively slow. It also has some of the contrast tron that uses the delegated proof of stake consensus. There are only 27 validators that is who are need to confirm transactions.
And then that the network can handle far higher throughput with significantly lower fees. So that the developers are used the Tron because of the superior scalability and then about the low fees lend to themselves better to having the high volume apps, such as gaming too. These are also having another consideration to the low fees on the Tron. And then having more lines that are in the application of the smart contract code, then more complex that will become to the executive and then more computational power use. So that the ethereum developers must be mindful that introducing any unnecessary complexity into our code will also reflect increased transaction fees. So that the Tron having significantly lower fees, and developers also having much more freedom to program more elaborate smart contracts that it having without worrying that high costs will render our apps unusable. so developer and user are always having the special priority to what is most important to us and when it will be deciding which platform is to use.