TRON network, established in 2017, utilizes DPoS and its native token TRX to decentralize the payment system. More
Fully Diluted Valuation | $33.69B |
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24H Trading Volume | $1.04B |
24H Low / High | $0.35 / $ 0.36 |
Circulating Supply | 94.67 B |
Total Supply | 94.67 B |
Max Supply | ∞ |
Categories | Smart Contract Platform 10 more |
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Founder | Justin Sun |
Website | trondao.org |
Socials | 8 more |
Explorer | Oklink 3 more |
Name | Pair | OG Score |
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TRON, founded by the Tron Foundation in 2017, is a smart contract platform dedicated to accelerating the decentralization of the internet through decentralized applications (dApps) and blockchain technology. Utilizing a Delegated Proof-of-Stake (DPoS) consensus mechanism, TRON not only enables the payment of network resources and on-chain governance through its native token, TRX, but also supports TRC-20 tokens, allowing users to create their tokens within the blockchain.
Initially aimed at granting full ownership rights to digital content creators, TRON disrupts intermediaries like YouTube and Facebook, fostering direct interaction between content creators and consumers. Moreover, with transparent transaction tracking, TRON serves as an alternative to Ethereum for dApp development, streamlining content creation, sharing, and rewarding in a decentralized ecosystem.
Expanding with the integration of BitTorrent, boasting over 100 million monthly active users, TRON evolved into a fully community-governed DAO in 2021. The TRON network witnessed significant growth, hosting over 197 million users and processing over 6.7 billion transactions by 2021. Additionally, surpassing USDT on Ethereum in April 2021, TRON became the largest circulating supply of stablecoins globally.
TRON (TRX) stands out for its Delegated Proof-of-Stake (DPoS) consensus, supporting on-chain governance, TRC-20 token creation, and disrupting intermediary-driven content platforms by empowering content creators with ownership rights.
TRON (TRX) was founded by Justin Sun and the Tron Foundation in 2017.
TRON (TRX) has received support and investment from various entities, including notable figures like Justin Sun, SEED Venture Capital and the Tron Foundation.
TRON (TRX) operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism, where token holders vote for delegates to validate transactions and secure the network.
You can buy TRON (TRX) on Binance, OKXBitgetGate.ioBybit cryptocurrency exchanges.
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