- TRON uses its own TVM (TRON Virtual Machine) to operate smart contracts.
- Justin Sun, a well-known software entrepreneur, established the platform.
Individuals in today’s centralized society are increasingly susceptible to data manipulation, deception, and personal data monetization. Users have complete ownership of their data and a say in the platform’s administration with blockchain protocols such as TRON, enabling the creation of a decentralized internet free of territorial borders, geo-censorship, and other constraints.
Blockchain-based TRON is a file-sharing platform that also enables developers to create decentralized autonomous applications on the TRON network. The platform was founded in September 2017 by Justin Sun, a well-known software entrepreneur.
Distribution of 1 million $TRX
TRON’s mission is to simplify blockchain technology in order to make it more accessible to the general public. TRON intends to democratize and decentralize the content distribution and entertainment industries through its permission less tools, platforms, and protocols. It is smart contract compatible and may be used to construct Dapps for a variety of purposes, including games, decentralized exchanges, and more. With over 67 million accounts and 2.6 billion transactions, TRON is one of the fastest growing public chains.
TRON DAO just announced the distribution of one million $TRX to TRONICS, who trade $TRX on OKCoinJapan.
— TRON DAO (@trondao) February 21, 2022
TRON asserts that it will be capable of processing 2,000 transactions per second. As it grows, its network structure becomes more stable, and its inherent value and degree of decentralized consensus rise; all of these things lead to the enhanced scalability and stability of the network.
TRON operates smart contracts via a decentralized interface via its own TVM (TRON Virtual Machine). TRON’s price today is $0.062462 USD, with a 24-hour trading volume of $1,051,860,335 USD, according to CoinMarketCap. In the last 24 hours, TRON has gained 0.79 percent.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.