Company
Resources
© PreMarketCap | All trademarks and copyrights are the property of their respective owners
TRX
Price
$ 0.273589
Total Raised
TRON is a blockchain platform that was launched in 2017 by Justin Sun. Read More
TRON is a blockchain platform that was launched in 2017 by Justin Sun. It is designed to support decentralized applications (dApps) and smart contracts, with its native cryptocurrency being TRX.Key Aspects of TRONDecentralization: TRON operates on a decentralized network, allowing users to access content without central control.Scalability: The platform can handle up to 2,000 transactions per second (TPS), which is higher than many other blockchain systems.Transaction Costs: TRON offers relatively low transaction fees compared to some other blockchain platforms.Compatibility: It is compatible with the Ethereum Virtual Machine (EVM), making it easier for developers to migrate dApps from Ethereum to TRON.Technical StructureTRON's architecture consists of three main layers:Core Layer:Manages smart contracts (written in Solidity), account operations, and the Delegated Proof-of-Stake (DPoS) consensus mechanism.DPoS involves 27 "Super Representatives" who validate transactions and maintain the blockchain. These representatives are elected by TRX holders.Storage Layer:Uses block storage for transaction history and state storage for account and smart contract data.Features a graph database structure for efficient data querying.Application Layer:Provides tools for developers to build dApps, wallets, and other blockchain-based solutions.Ecosystem ComponentsTRX Token: Used for transactions, staking, voting, and interacting with dApps.dApps: TRON supports various decentralized applications, including exchanges and financial platforms.BitTorrent Integration: After acquiring BitTorrent, TRON introduced the BitTorrent Token (BTT), integrating peer-to-peer file sharing into its ecosystem.GovernanceTRON uses an on-chain governance model where users stake TRX tokens to vote for Super Representatives. This approach involves the community in network decisions and rewards participants with network incentives.