What is TRON (TRX) cryptocurrency?
TRON (TRX) is a cryptocurrency that aims to build a truly decentralized internet and become the largest blockchain-based operating system in the world. The TRON protocol offers high scalability, availability, and throughput computing to support decentralized applications through smart contracts. It is designed to be compatible with Ethereum EVM-based smart contracts, allowing Solidity developers to deploy their applications on the TRON network without rewriting them.
Why choose TRON?
TRON's decentralized nature, which is governed by nodes distributed globally, makes it highly secure and scalable. The absence of proof of work or mining ensures fast transactions, making TRON suitable for dapps, especially gaming applications. The TRON network is also home to several tokens, and decentralized exchanges like TRX.market have been launched to facilitate trading.
TRON's Acquisition of BitTorrent
In 2018, TRON acquired BitTorrent, one of the largest peer-to-peer file sharing protocols. This acquisition led to the launch of BitTorrent Token (BTT), a cryptocurrency that powers the economics on the BitTorrent network. BTT is used to incentivize file sharing and storage within the network.
Key Information about TRON (TRX)
- Symbol: TRX
- Name: TRON
- Asset Platform ID:
- Categories: Alleged SEC Securities, Smart Contract Platform
- Market Cap Rank: 11
- Price Change (30 days): 11%
- Website: https://tron.network
- Listed Exchanges:
- CoinTR Pro
- Bittrex Global
- AscendEX (BitMax)
- BtcTurk | Kripto
- Kuna Exchange
FAQ about TRON (TRX)
Q: What is the mission of TRON?
A: The mission of TRON is to build a decentralized internet and become the largest blockchain-based operating system in the world.
Q: How does TRON achieve decentralization?
A: TRON achieves decentralization through nodes located around the world, which govern the network instead of relying on proof of work or mining.
Q: Which applications are suitable for TRON's high-speed transactions?
A: TRON's high-speed transactions are particularly suitable for dapps that require fast transactions, such as gaming applications.
Q: What is the role of BitTorrent in TRON's ecosystem?
A: BitTorrent, acquired by TRON, is a peer-to-peer file sharing protocol. The launch of BitTorrent Token (BTT) enables incentivized file sharing and storage within the BitTorrent network.