TRON is one of the most widely used public blockchains online, with 100 million users and a cumulative total of over 3.4 billion transactions. The TRON network aims to decentralize content-sharing and establish a framework through which future Web3 platforms will operate. TRON price is updated live on Binance.
Originally designed as a decentralized content distribution platform, TRON has expanded in scope and now functions as one of the biggest decentralized application (dApp) blockchains. The TRON ecosystem includes multiple scalability and adoption projects, such as its dApp sidechain, Sun Network.
The TRON network incorporates a variety of features that include dApps, smart contracts, and delegated proof-of-stake (PoS) consensus, as well as stablecoin issuance capabilities. To date, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoins, having overtaken the Ethereum network in early 2021.
Notably, TRON is a completely decentralized project that operates through a community decentralized autonomous organization (DAO). TRON operates a Turing-complete virtual machine called the TRON virtual machine or TVM. Smart contracts on the TRON network are interoperable with the TRON TRC-20 token standard. Its native token is TRX.
Tron (TRX) Resources
People Also Ask: Other Questions About TRON
What is TRON Used For?
TRX is used to pay content creators or make peer-to-peer (P2P) payments. TRX also plays an integral role in the issuance of TRON-based stablecoins. TRX price information and updates are available in real time on Binance.
How Do Network Consensus and Validation Work on TRON?
TRON operates using a delegated PoS system in which network participants may use TRX holdings to assign their votes to other participants voting for different delegates. A delegate, referred to as a super representative, participates in block production.
Who is the TRON Founder?
TRON was founded in 2017 by the Tron Foundation, a Singapore-based non-profit organization led by Justin Sun.
What is the Maximum Token Supply of TRON (TRX)?
TRX is limited to 100 billion tokens.
What Makes TRON Different From Other Blockchains?
TRON is a robust, highly scalable decentralized content distribution platform that integrates smart contract functionality, offering a solution to content creators and distributors, as well as dApp operators and developers seeking an alternative to traditional centralized content platforms.