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.


3 Altcoins to Watch in the First Week of January 2025

30 Dec 2024 2 minute read 11 comments 0xJonnyDee

As the crypto market enters 2025, investors are gearing up to target tokens with promising futures. While many cryptocurrencies undergo significant shifts as 2024 comes to a close, three tokens are emerging as clear standouts.   I have identified and...

Crash in Tron Trx price?

29 Dec 2024 1 minute read 0 comments Nayim

⚠️ High Risk of Tron TRX Price Crash! ⚠️   Tron (TRX) is giving signals of high instability, with a big risk of a major price drop. The factors that contribute to this include high volatility in the market, pressure from regulatory bodies, and possib...

Tron in 2024: Key Achievements and Future Plans

27 Dec 2024 3 minute read 17 comments ChangeNOW

As Tron continues to be a fundamental player in the blockchain and cryptocurrency sectors, it’s important to reflect on its achievements over the past year and look ahead to what’s next. TRON is a blockchain-based platform that seeks to decentralize...

TRON network Testnet Differences: Nile vs Shasta vs Private Chain?

23 Dec 2024 2 minute read 0 comments GetBlock

What are TRON network testnets? Testnets are crucial for development on any blockchain and the TRON network is no exception. To build the next big dApp on TRON, and deploy your smart contracts on mainnet, you first need to test everything o...

Altseason Alert: Why Analysts Think ETH and Altcoins Are Poised for a Breakout

9 Dec 2024 4 minute read 0 comments MakeItReal

Hello HODLers! The cryptocurrency market has seen an electrifying surge, with Hedera (HBAR) and Tron (TRX) capturing headlines as standout performers. HBAR soared a staggering 763% last month, cementing its position as one of the most explosive token...

A $6 Million Banana

4 Dec 2024 5 minute read 8 comments Perfectionist25

Let me explain why art can fetch millions, even billions of dollars.It’s not as simple as it seems. Where does cryptocurrency fit into this? The Mona Lisa is worth around a billion dollars. So who determines the value of this art? Is it the artist’s...

What's Tron (TRX) Founder Justin Sun been up to?

29 Nov 2024 1 minute read 7 comments Keith Thuerk

What's Tron (TRX) Founder Justin Sun been up to? As you know back in March 2023 the Nations highest security regulator the SEC with fraud of Tronix token. The SEC updated their case in April 2024 to Tron's network sold unregistered securities.  Then...

36 Days Left to mine 7 TON tokens in one app: Tronkeeper

27 Nov 2024 1 minute read 0 comments Jesse D’Ambrosia - Jcrypto711

🚨 Attention:  only 36 days left to mine for 7 Tokens in  one app 🚨 ⛏  IT’S TIME TO MINE!   ⛏   With TRONKEEPER  mini-app Only 36 days 📆till left for the mining of USDT 💵, TONARK, and now the TON tokens below. 📱 BLUM NOTPIXEL MAJOR MOONBIX PAWS ...

Top Crypto to Watch Out for Towards the end of 2024

5 Nov 2024 2 minute read 3 comments Raghav Sawhney

Innovative companies like Semler Scientific have recently increased their holdings in Bitcoin, reaffirming the rising importance of digital assets as a strategic investment. With 1,058 BTC added, Semler's approach reflects the market’s ongoing shift...

Tron a slow but unstoppable climb

3 Nov 2024 2 minute read 2 comments Galaxie Crypto

Cryptocurrencies often experience sharp increases and decreases in their price. However, Tron does not seem to react like the rest of the market.   The Tron network has its own Blockchain, which has a consensus mechanism based on DPoS: Delegated Proo...