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The ABCC cryptocurrency exchange collaborated with the ninth largest Tron cryptocurrency (TRX), according to a Tweet published on January 15th. Tron's founder and CEO, Justin Sun, later confirmed the news chirping.
As per announcement, the partnership has made ABCC the first cryptographic exchange to list tokens based on Tron's TRC10 technical standard.
The announcement was made a few days after the exchange revealed that was about to add token support based on the TRC10 and TRC20 standards.
According to the Tron guide for developers, TRC10 is a technical standard for tokens supported by the native crytpocurrency blockchain without the distribution of the Tron Virtual Machine (TVM).
On the other hand, TRC20 is a technical standard used for smart contracts that implement token with TVM. It is also fully compatible with the standard Ethereum (ETH) ERC-20 tokens.
In December 2018, Tron's CEO, Justin Sun, said the company will build a fund to save the developers of Ethereum and EOS from what has called the collapse of their respective platforms.
More recently, the former chief strategy officer at BitTorrent said that Tron will not be able to handle the volume of transactions needed for the tokenize of the torrent client. Having acquired BitTorrent in July 2018, Tron used its own protocol to launch a cryptocurrency token for the platform called "BTT" at the beginning of January of this year.
At the time of the press, Tron's TRX native token is ranked as the ninth largest cryptocurrency by market capitalization, which is about $ 1.63 billion. The currency is trading at around $ 0.03, down more than 5 percent a day, according to CoinMarketCap data.
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