What is TRON?
TRON is a decentralized, proof-of-stake blockchain with smart contract functionality. The cryptocurrency native to the blockchain is known as Tronix (TRX). It was founded in March 2014 by Justin Sun and since 2017 has been overseen and supervised by the TRON Foundation, a non-profit organization in Singapore.
TRON goals
The purpose of TRON is to host decentralized applications with high speed, scalability, and low fees. It aims to provide a platform for developers to create decentralized applications (DApps) based on smart contracts. The project also has the potential to enhance its DeFi offerings, providing users with a decentralized platform for crypto lending, borrowing, trading, and other financial services.
Marketcap
$19.67B
Total number of TRON
86174913451 TRX
TRON technology
TRON's technology is based on a proof-of-stake blockchain with smart contract functionality. The TRON Protocol offers scalable, high-availability, and high-throughput support that underlies all the decentralized applications in the TRON ecosystem. The TVM technology is compatible with other blockchains, including Ethereum.
TRON competitors
TRON differentiates itself from competitors through its high-speed, scalable, and low-fee platform. Its competitive advantages include its compatibility with other blockchains, such as Ethereum, and its potential to enhance its DeFi offerings. However, it faces competition from other blockchains that offer smart contract capabilities, such as Ethereum.
TRON price history
Frequently asked questions
TRON was founded in March 2014 by Justin Sun.
The native cryptocurrency of TRON is Tronix (TRX).
The TRON Foundation is a non-profit organization in Singapore that oversees and supervises the development of TRON.
The TVM technology is compatible with other blockchains, including Ethereum, and allows developers to easily move DApps to TRON.
TRON's use cases include navigating and utilizing decentralized applications on the Tron Network, such as gaming applications, and providing users with a decentralized platform for crypto lending, borrowing, trading, and other financial services.
On some cryptocurrency wallets, users can't withdraw their funds until they have enough amount for the network fee.
Yes, TRON is open-source software.
The price of TRX is $0.2203
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