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Which one is faster, trc20 or erc20?

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Release: 2024-07-30 16:55:02
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TRC-20 is faster than ERC-20 as it has shorter block times and less network congestion. TRC-20 can process 2,000 transactions per second compared to 15-25 for ERC-20; TRC-20 block time is 3 seconds compared to 12-15 seconds for ERC-20. Additionally, the Tron network is generally less crowded and has advantages in terms of node count, network stability, and transaction fees.

Which one is faster, trc20 or erc20?

TRC-20 vs ERC-20: Speed ​​comparison

Question: Which is faster: TRC-20 or ERC-20?

Answer: TRC-20

Details:

TRC-20 and ERC-20 are both token standards running on the Tron and Ethereum blockchains respectively. There is a difference in speed between the two:

Transaction confirmation speed:

  • TRC-20: Processes approximately 2,000 transactions per second.
  • ERC-20: Fluctuates due to network congestion, but averages around 15-25 transactions per second.

Based on this, TRC-20 is significantly faster at confirming transactions.

Block time:

  • TRC-20: about 3 seconds.
  • ERC-20: about 12-15 seconds.

Shorter block times allow TRC-20 to process transactions more quickly.

Network Congestion:

The Ethereum network sometimes experiences congestion, causing transaction speeds to slow down significantly. In comparison, the Tron network is generally less crowded, ensuring faster processing of TRC-20 transactions.

Other factors:

In addition to the above factors, the number of nodes, network stability and transaction fees will also affect transaction speed. Overall, though, TRC-20 generally has advantages over ERC-20 in these aspects.

Ethereum (ETH) Current Price: $3168

Trading Volume: $19.4 Billion
Market Cap: $3.8 Trillion

Latest Changes:

ETH Price in the last 24 hours It fell by 7.86%. This decline may be due to:

  • An overall correction in the cryptocurrency market
  • Macroeconomic uncertainty
  • Increased ETH supply

Future price action:

In the short term, ETH prices are likely to continue to fluctuate. However, the market is generally bullish on Ethereum in the long term due to its strong fundamentals and growing use cases.

Recommendation:

Before considering any investment decision, it is important to conduct research on the cryptocurrency market and understand the risks. It is especially important for investors with low risk tolerance to be cautious when investing in ETH or other cryptocurrencies.

Short-term trend prediction:

In the near future, the ETH price may fluctuate between $3000 and $3500.

Indicator:

  • Price: 3168 USD
  • Trading volume: 19.4 billion USD
  • Market cap: 3.8 trillion USD
  • Flow: 120 million
  • Maximum supply: Unlimited
  • Total supply: 1.20 Billion

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