The BitGuild gaming platform, after launching its own PLAT tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details, transfers tokens from Ethereum to the Tron blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details.
"After launching its own PLAT token at ETH using the ERC20 standard, BitGuild transferred the tokens to the TRX blockchain, where they will comply with the compatible TRC20 standard." – as the famous bitcoin-enthusiast and popular expert on blockchain-startups, Misha Lederman, reports on his Twitter.
To avoid the loss of PLAT tokens during the migration process, a game development company based on the blockchain asked users not to send tokens directly from a cold wallet. Instead, they must first remove or send them to the Ethereum browser wallet, such as MetaMask.
One of the reasons for the migration is that the founder of Tron, Justin Sun, indicated that he would support developers in difficult times of cryptocurrency. Another reason that could affect such a decision is the scalability of the Ethereum network.
BitGuild gaming platform moves from Ethereum to TRON. Ethereum lags far behind rivals. For example, PriceWaterhouseCoopers also recently abandoned Ethereum for VeChain.
Editor: Yuliya Soroka