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Erc20, bep20 and trc20

10.08.2022

Erc20, bep20 and trc20 are the most popular blockchain networks in cryptocurrency.

Erc20 is a standard in the Ethereum blockchain.  Most of the decentralized financial sector and smart contracts are located in this network. Works according to the PoW (Proof of Work) algorithm

bep 20 is the Binance Smart Chain token standard. Compatible with Ethereum and extends the functionality of erc 20. The PoS (Proof of Stake) consensus algorithm is used.

trc20 is the Tron blockchain network. A large range of game projects is presented here. It is also possible to create smart contracts and issue tokens. Consensus algorithm – Delegated PoS (delegation of proof of ownership).

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