Tron (TRX)

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Tron (TRX) is a decentralized content entertainment protocol which is based on blockchain and was created in September 2017 when Justin Sun, CEO & Founder of Tron, created the Tron Foundation. The entire idea of the Tron network is to change the way that entertainment is shared and consumed leaving the rights of fair earnings into the hands of the content creators.

The idea of compensating content creators fairly has been a lost cause in the traditional social media industry. Platforms such as YouTube often take a majority share of any advertising revenues, and platforms like Facebook do not provide any earnings to content creators at all. Using a combination of blockchain and P2P technology, the Tron platform aims allow users to retain a fair value for their content they create and most importantly, the content creators always own the rights to their content. TRX is the unit of account on the Tron network and are often known as Tronix. TRX uses Lamport Digital Signatures which makes it quantum resistant and future proof. It also uses zero-knowledge proofs which helps to maintain privacy for users. Tron launched their mainnet on June 25th when they migrated all of their ERC20 tokens into fresh Tron blockchain tokens - this day will always be known as Tron independence day.

The founder of the Tron network, Justin Sun, is already a highly decorated entrepreneur. After being labelled as one of Asia’s Forbes 30 under 30 and being known as a protegee of Jack Ma, CEO & Founder of the multi-billion Dollar Alibaba Group. However, things have not always been easy for Sun in cryptocurrency as he was accused of plagiarism regarding the Tron whitepaper when it was initially released. However, since then, Sun has come forward and cleared up the accusations.

In this tag you can discover Tron (TRX) news, price prediction, opinion and analysis created by users.


EOS, BNB, TRX, ADA, XRM Price Analysis For 22-26 of July

3 weeks ago 5 minute read CryptoChartWizard91 $4.61 tipped

This is list number 2 for you guys! For the top 5 coins check out this analysis. Crypto markets are all over the place with BTC heading back toward $10,000. However, some altcoins are looking pretty resilient. Take a look at the analysis below! Eos E...

How Much Would You Make By Investing Just $100 in ETH, EOS & TRX at ICO Prices

3 weeks ago 1 minute read Li_KungFu $4.39 tipped

This week I was trying to explain to my sister how much money she would have made if she had invested in some of the cryptocurrency ICOs back in the ICO Mania period. Some of the results for the coins I had suggested were pretty staggering to see tha...

EOS, BNB, XLM, TRX, ADA, XMR Price Prediction for August 2019

2 weeks ago 6 minute read CryptoChartWizard91 $3.32 tipped

Here is part 2 for my August price prediction. If you would like some analysis on the top 5 projects for August, head on over to my last article over here. Bitcoin is finally heating up again after managing to claw its way back to the $10,000 level....

Tron gains traction while the rest of the market generates losses.

5 Jun 2019 2 minute read daniejjimenez $3.26 tipped

The market of cryptocurrencies is fulfilling the predicted a couple of days ago, a strong corrective moment has pushed the ecosystem to levels of average losses between two and four percent for the top ten of the ecosystem. The MarketCap has begun to...

Options for the development of Dapss: Tron vs FLETA.

6 Jun 2019 8 minute read daniejjimenez $2.66 tipped

In this opportunity we will talk about another very usual platform for the development of decentralized applications: TRON. To follow our line of the previous post, we will focus on a general comparison between the benefits of each popular platform f...

Litecoin is the maximum winner of the top 10 market in the day.

19 Jun 2019 2 minute read daniejjimenez $2.55 tipped

The lateral movement of Bitcoin prices and many cryptocurrencies has generated some stability in the cryptographic market, with a slightly stable volume at levels of $ 286 billion dollars and a BTC dominating the scene with 56.8 percent. This has ge...

A True Stablecoin

5 days ago 3 minute read Daniel Goldman $2.51 tipped

USDT and DAI are interesting concepts. They are cryptoassets which are pegged to the USD. There're a number of different cryptoassets that are pegged to different fiat, government issued currencies. They are labeled "stablecoins." But this label is i...

Options for the development of Dapss: Ethereum vs Fleta.

4 Jun 2019 11 minute read daniejjimenez $2.31 tipped

A common skepticism of the blockchain space is that technology is still looking for use cases, in which exaggeration and speculation exceed applicability. For some, the lack of broad use by consumers of decentralized applications reflects that the in...

Beyond Market Cap: Free Resource Tracks Crypto Code Development Activity

22 Jan 2019 1 minute read BlockchainAuthor $1.76 tipped

Market capitalization is only one part of the equation when evaluating coins and tokens. To gain a deeper understanding of a project's long-term potential, looking at code development is crucial. Checking a project's number of Commits tells you wheth...

Top 4 Reasons To Invest In Tron

3 weeks ago 3 minute read yourmitchy $1.69 tipped

LOVE or HATE the project, Tron really has done very well to reach a market cap of $1.56 billion, putting it amongst the top-ranked cryptocurrency projects in the space. It is hard to deny that Tron has truly grown into a powerhouse in the cryptocurre...