Tron (TRX) - Decentralizing the web at 2k transactions/second

Tron (TRX) - Decentralizing the web at 2k transactions/second

By PVMihalache | Mind Puzzle | 25 Jun 2020


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TRON (TRX) is the token based on the TRON Protocol issued by TRON Foundation. The TRON Foundation has the ambitious to build the infrastructure for a truly decentralized Internet, an entire TRON ecosystem, with abundant application scenarios that power transactions and applications on the chain.

TRON price per unit is $0.016, with an all-time-high in January 2018, at $0.23. The lowest value was registered in November 2017, only $0.0018. The total market cap is $1 billion, and currently holds the 17th position in the cryptocurrencies global ranking.6fbdb25ed5290d66c6f16fcab58890d29f16e716697be62852a63a876c305a80.jpeg

TRON was founded by Justin Sun, an Chinese entrepreneur, in 2017. One year later, TRON switched the protocol from ERC-20 token & Ethereum to an independent peer-to-peer network. The TRON protocol  distributes computing resources equally among TRX holders with internal pricing mechanisms such as bandwidth and energy, promoting high transactions per second, high reliability and no fees. Justin Sun made sure that the Tron is promoted well on social media, being listed on several platforms and reaching an amazing level of communication with the holders, fans and crypto-community.cab906cdb00e946586f39b552b849f00d15314a6e080e959ea9893564a3afa90.jpeg

The new Samsung phone supports TRX, BTT, USDT-TRON and BeatzCoin, available in Switzerland, Germany, UK, Canada, and the U.S. The integration on Samsung phones will promote TRX and making it easier to use for transactions, leading to price increase, and because of scheduled significant developments, TRON potential has increased and is certain that it would experience success soon. Tron is consistently handles 2k transactions per second, seven days a week. That is thousand times more than Ethereum and Bitcoin.

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Forecast

According to CoinSwitch, the Tron price is expected to see some increase this summer as investors witnessed a rally in recent days before slight correction. TRON price prediction suggests that the TRON price is up for a long-term 1325.589% in the TRX price value with a 5-year investment. This means that in the year 2023, the TRON Price is forecasted to stand at $0.54.  If the long term price rise will be correct, than by 2025, TRX might reach $0.763.

Conclusion

Having such a small price,  give users the advantage to stack TRON (TRX) in high numbers, and HODL for long term profit. I am keeping TRX on my  Binance account, on flexible/locked savings to generate daily interest.  With more than 1000 nodes, Tron Network is a secure long term investment which will probably grow slow but steady over the next years.9c718b3f033f9299dcc3cfe6eb43e313ccc5b83fb88155bd6d022e12add5f188.jpeg

Extra

My brother just wrote a post about how to earn Tron while playing ChainzArena. The post is very interesting, a step-by-step guide on how to start, set the wallet, play and earn. ChainzArena is a DApp game which uses an in-game token called SOUL, made on the Tron Network

 

Links and referrals:  

Chainzarena - Earn Tron playing games

Tron (TRX)

Coinswich - TRON forecast

Wallets

Binance

Coinbase

Atomic Wallet

Quality Faucets:

Horizen (ZEN)

Tezos (XTZ)

Free-Litecoin.com (LITECOIN)

Stakecube (claim over 20 coins daily)

The Crypto Faucet (SioCoin, Verge, Doge)

MoonDash.co.in (DASH)

MoonBitcoin.Cash (Bitcoin Cash)

MoonDoge.co.in (Doge) 

MoonLiteco.in (Litecoin) 

Moonbit.co.in (BTC) 

Freebitco.in (BTC)

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PVMihalache
PVMihalache

Self-Published Author, Football Referee, Football Coach, Early Crypto Investor, Personal Trainer, Well-Being Guru, Open-Minded, Traveller, Social Media Enthusiast, and many more...


Mind Puzzle
Mind Puzzle

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