Tron TRX
- Tron is a block platform for entertainment industry systems that provides the infrastructure for developing Dapps and sharing content. Tron's ultimate goal is to enable direct content transactions between users, developers, and advertisers without a centralized entity. Tron tokens (TRX) are native talk on the Tron network and are used as payment and reward methods and as fuel for Tron Dapps to operate.
First issue | 2017.08. | Total issue limit | Unprovided |
market capitalization | Current Distribution | ||
As of March 24, 2024 (Courtesy of Coin Market Cap) |
₩ 14.3 Trillion | As of March 24, 2024 (Courtesy of Coin Market Cap) |
87,788,723,950 |
As of March 24, 2024 (Courtesy of CoinGecko) |
₩ 14.3 Trillion | As of March 24, 2024 (Courtesy of CoinGecko) |
87,788,757,833 |
Characteristics
- Tron has secured a high level of transaction processing speed by forming its own blockchain network independent of the Ethereum blockchain. At the same time, unlike the existing Ethereum, it has adopted Deleted Proof of Stake (DPoS) as a consensus algorithm.
- We created a Tron Virtual Machine (Tron Virtual Machine) to allow dapps to be created on the Tron network. Tron virtual machines drastically reduce memory usage through virtual memory mechanisms and help anyone develop dapps easily without basic computer concepts such as memory and CPU.
Vision
- Tron is continuously building the Tron ecosystem by forming payment partnerships with various companies and steadily developing the mainnet. In the future, Tron is expected to raise its status as a decentralized media platform by attracting various D-apps into the ecosystem.
precautions
- TRON TRX digital assets are linked to the USDD (non-transaction supported), which claims stable coins. Matters concerning the amount of distribution, such as the issuance and incineration of TRX, may have a mutual impact with the USDD. It should be noted that if the interlocking function does not work properly, there is a possibility of market price fluctuation.
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