$TRX It is a blockchain-based platform that aims to facilitate the exchange of free and decentralized content between users. Its native coin is called Tronix (TRX) and is among the 20 largest by market capitalization.
TRON was founded in 2017 by Justin Sun, a Chinese entrepreneur who has also worked with Ripple. TRON's vision is to "decentralize the web" and support content creators who often face censorship and unfair revenue distribution on centralized platforms. To this end, TRON offers an ecosystem of decentralized applications (DApps) that cover various sectors such as entertainment, gaming, social networks and file storage. One of TRON's most notable acquisitions was file-sharing service BitTorrent in 2018.
TRON uses a consensus algorithm called Delegated Proof-of-Stake (DPoS), which allows TRX holders to elect representatives who validate transactions and maintain the network. This makes the network faster and more scalable than other Proof-of-Work (PoW) or Proof-of-Stake (PoS) based networks. According to TRON, its network can process up to 2,000 transactions per second (TPS), while Bitcoin can handle up to six TPS and up to 25 TPS.
TRON was founded in 2017 by Justin Sun, a Chinese entrepreneur who has also worked with Ripple. TRON's vision is to "decentralize the web" and support content creators who often face censorship and unfair revenue distribution on centralized platforms. To this end, TRON offers an ecosystem of decentralized applications (DApps) that cover various sectors such as entertainment, gaming, social networks and file storage. One of TRON's most notable acquisitions was file-sharing service BitTorrent in 2018.
TRON uses a consensus algorithm called Delegated Proof-of-Stake (DPoS), which allows TRX holders to elect representatives who validate transactions and maintain the network. This makes the network faster and more scalable than other Proof-of-Work (PoW) or Proof-of-Stake (PoS) based networks. According to TRON, its network can process up to 2,000 transactions per second (TPS), while Bitcoin can handle up to six TPS and up to 25 TPS.