Tron TRX Price & Markets
$0.15
- Market Cap $13.39 B
- Volume $331.61 M
- Available Supply 86.72 B TRX
TRON(TRX) current price is $0.15 with a marketcap of $13.39 B. Its price is 1.10% up in last 24 hours.
Tron is a blockchain-based, open-source decentralized platform launched in 2017 by its founder, Justin Sun. It is the first-ever peer-to-peer network of computers connected to the internet and used to power smart contracts and dApps (decentralized applications).
Tron tokens, also known as Tronix (TRX), are the native currency on this platform. It enables users to freely create content, publish it and own it forever on a shared distributed ledger. The platform works by providing an environment for developers where they can build and deploy their projects without relying on expensive infrastructure or complex programming languages.
The concept behind TRON was envisioned in 2013 when Justin Sun began his research into blockchain technology while attending Hupan College founded by Jack Ma from Alibaba Group. He subsequently formed Tron Foundation with the intention of creating a global free digital entertainment system that would allow people around the world to have access to quality content without having too many restrictions placed over them by established authorities like movie studios etc.
In order to do this effectively, TRON employs several technical features such as scalability which allows high throughput rates allowing transactions to occur almost instantaneously; low latency that lets you access data quickly; flexibility enabling developers to create Dapps easily; broadcast support allowing secure transmission of media files over networks among other features others such as decentralised storage making user data stored securely while eliminating concerns about privacy breaches or censorship amongst others feature that made TRON stand out from other blockchains including Bitcoin at present.
Today, TRON has become one of the leading public blockchain protocols in terms of transaction volume, user size & active accounts.
With experienced founding members, advisors & partners all pulling their resources together along with superior technical capabilities & growing partnerships within various sectors, TRON stands poised en route to becoming one of the largest autonomous decentralized systems challenging the traditional internet landscape through cutting–edge solutions tailored towards offering maximum efficiency & minimum expenditure for its users worldwide.
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