Bitcoin was the first coin to solve the Byzantine Generals Problem, the problem of how to run a distributed system that delivers a consistently accurate answer to a given query. Bitcoin was also the first coin to do something which is hard in principle but easy in practice: it made money in an easy way that doesn’t require advanced technology. Bitcoin’s design is elegant and simple, but it does not seem flawless. It is possible for a group of people to collude and take advantage of you, even if you have done nothing wrong yourself.
The design can be improved, but it would be better if there was another currency that solved the Byzantine Generals Problem and didn’t need miners or mining equipment.
There was one other coin that tried to do what I’m talking about: TRON. TRON has not been perfect either, but it has done much more right than any other coin so far. And its current problems are not likely to be final ones.
Here are 12 reasons why TRON will shape the world:
Blockchain technology could fundamentally change the way business is done. It is a very promising technology, but it has been slow to take off. That’s why TRON is such a good investment.
The first thing that makes TRON different from other cryptocurrencies is its infrastructure. It’s the most advanced blockchain platform in existence. In particular, it has a high transaction capacity and high transaction speed, which are key in making blockchain technology practical for e-commerce and smart contracts
TRON is a leader in the blockchain industry. It was launched in September 2016 and has a lot of potential to become one of the biggest players of this space. TRON is one of the top 10 fastest growing cryptocurrencies in market capitalization, with a 35% increase in price so far.
Tron is also one of the few cryptocurrencies that have been able to maintain its value well and consistently throughout 2017. TRON experienced an increase of over 3,400% from $0.01 to $0.03 for its peak in April. It has maintained this success even through the bearish markets we are currently experiencing, being in the top 10 best performers for both Bitcoin and Ethereum.
The future of TRON is very bright due to its large user base and great team that is constantly innovating and improving the platform as well as its products. There are many things we can expect from TRON in 2018 and beyond, many of which we have already seen begin to take shape with their current technologies such as Tron Virtual Machine (TVM), a smart contract system based on Ethereum’s Solidity language and TronWallet, the first ever mobile wallet for cryptocurrency that allows users to manage their assets on their phone.
There are also several milestones set to occur in
Tron is the first blockchain-based protocol that allows all data, including personal information, to be traced back to its source. Tron also has a decentralized content entertainment ecosystem that rewards content creators and consumers fairly.
The team at Tron is led by a visionary CEO, Justin Sun. He recently became a member of the Forbes 30 Under 30 list for his work in cryptocurrency and blockchain technology. The Tron Foundation works with the best minds in the industry, including big names such as Ethereum founder Vitalik Buterin, Bitcoin Co-Founder Satoshi Nakamoto, Ripple founder Chris Larsen, and Ethereum CTO Joseph Lubin.
It’s no surprise that TRON has so many big names behind it. Blockchain technology is likely to shape not just the future of cryptocurrency and blockchain but also the future of content consumption and entertainment.
Before you can invest, you need to understand what it is you’re investing in. For obvious reasons, the more people who believe in something, the more valuable it is. And because so much of our value comes from how much everyone else agrees with us, it’s vital to know why they agree.
The first reason is that TRON has a core team of world-class programmers and product experts. The second is that TRON’s mission is clear; the third is that the project has already attracted top-level talent from all over the world.
Blockchain is the most important innovation in information technology since the Internet. And because it’s decentralized, it cannot be censored. It’s also a platform for so many other innovations that we can’t even imagine all of them.
In fact, blockchain is not just a payment system or a way to transfer money from one place to another. It is a powerful new way of building systems and applications, and it can support just about any kind of application you can think of. As people begin to understand this revolutionary power, they will use it to solve problems they have been unable to solve before.
The world has taken note of Bitcoin, the leading cryptocurrency which has been in existence since 2009. The price of 1 Bitcoin (BTC) today is $9,000 USD. This is way beyond the reach of most individuals. But the majority still cannot imagine why they should invest in this currency.
The basic reason behind its success is that it is not bound by rules and regulations. It is completely decentralized, with no central authority to control or manipulate it.
It provides security and privacy which are rarely seen in conventional currency systems. It can be used anonymously and without any fear of identity theft or fraud.
Bitcoin was created as a peer-to-peer electronic cash for the purpose of transferring value among people all over the world without involving banks and other middlemen. Much like Bank to Bank transfers, Bitcoin makes use of encrypted codes for money transfer through the internet without any third-party interference.
The main feature that sets Bitcoin apart from other cryptocurrencies is that it was designed from scratch using cryptography instead of using existing fiat currency. To understand how this works, let us take a simple example with fiat currencies such as US dollar, Euro and Pound Sterling etc., where every government has its own printing presses and can devalue their currencies anytime they wish to do so by printing