What is TRON?
TRON is a decentralized blockchain protocol designed to build a global free entertainment system. It leverages blockchain and distributed storage technology to create a decentralized ecosystem for entertainment content, enabling users to freely publish, store, and own data. The native cryptocurrency TRX powers the TRON network.
Key Features:
- Decentralized Content Platform: Allows creators to monetize content directly.
- High Throughput: Processes up to 2,000 transactions per second (TPS).
- Smart Contract Support: Compatible with Ethereum's Solidity language.
TRON's Historical Milestones
Founded by Justin Sun in September 2017, TRON raised $70 million in its ICO. Notable developments include:
| Year | Event |
|---|---|
| 2018 | Mainnet launch; acquired BitTorrent |
| 2019 | Purchased CoinPlay app store |
| 2020 | Acquired Steemit blockchain social network |
👉 Explore TRON's latest partnerships
How TRON Works
Technical Architecture:
- Storage Layer: Distributed data hosting.
- Core Layer: Consensus and smart contracts.
- Application Layer: User-facing dApps.
Consensus Mechanism: Uses Delegated Proof-of-Stake (DPoS) with 27 super representatives validating transactions. New blocks are added every 3 seconds, with a 32 TRX reward per block.
TRON's Use Cases
- Content Monetization: Creators earn TRX for sharing media.
- dApp Development: Supports token creation for decentralized apps.
- Gaming Ecosystem: Fully decentralized gaming platform (under development).
Performance Comparison:
- Ethereum: 25 TPS
- Bitcoin: 3-6 TPS
- TRON: 2,000 TPS
👉 Compare crypto transaction speeds
Market Data (Latest Update)
- TRX Price: $0.2813
- 24h Trading Volume: $368.48M
- Circulating Supply: 94.79B TRX
FAQs
Q: How does TRON differ from Ethereum?
A: TRON offers higher TPS and zero transaction fees, while focusing specifically on entertainment content.
Q: What's TRX's maximum supply?
A: The total supply is 100 billion TRX, with over 99% of ERC-20 tokens already burned.
Q: Can I stake TRX?
A: Yes, TRON uses DPoS where holders vote for super representatives to earn staking rewards.
Q: Where can I buy TRX?
A: TRX is available on major exchanges like OKX, Binance, and Crypto.com.
Q: What's TRON's long-term vision?
A: To decentralize the web's entertainment infrastructure through blockchain technology.