Did you know we were the first two to list TRON (TRX) on our exchange? We’ll give you some facts about tron, a brief overview of what cryptocurrency is, and why TRON has seen such a rise in its popularity.
Cryptocurrency is a digital currency that uses encryption techniques to generate money and to verify transactions.
The first cryptocurrency was Bitcoin, which was created in 2009 and is still the best known. There has been an explosion in the number of cryptocurrencies since Bitcoin, including Ethereum, Litecoin, Dogecoin and hundreds more.
TRON was founded by Justin Sun in 2017. The TRON Foundation is registered in Singapore and have offices around the world. The company behind TRON had already built Peiwo APP which currently has 10 million users.
TRON’s mission is to “heal the Internet”. Their vision is to allow every user free access to digital entertainment content by decentralizing the internet.
TRON (TRX) is a cryptocurrency that was created and introduced to the market less than two years ago. TRON is a three-year-old project that aims to build the infrastructure for a truly decentralized Internet. The Tron Foundation, led by CEO Justin Sun, is headquartered in Singapore. The most recent Tron news is that they have acquired BitTorrent.
Let’s look at where it all began. Since its founding in 2017, TRON has quickly developed a reputation as an up-and-coming crypto coin. In late 2017, it was listed on leading exchanges like OKEx and Huobi Global.
In 2018, the TRON wallet and MainNet were launched, which allowed the migration of tokens from the Ethereum blockchain to TRON’s blockchain. Migration of ERC-20 tokens to the new blockchain took place on June 24th and 25th of last year. Shortly thereafter, TRON announced its acquisition of CoinPlay and CoinRail Exchange, becoming one of the largest decentralized exchanges in the world with over 100 million users.
TRON became more widely known when it acquired BitTorrent in July of 2018 for $126 million USD in cash. With this acquisition came BitTorrents 100 million active monthly users, making TRON the largest decentralized Internet
TRON is the brainchild of Justin Sun, the former representative of Ripple in China and founder of Peiwo APP, a Snapchat-like app in China. The mission of TRON is to construct a worldwide free content entertainment system, using blockchain technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.
TRON cryptocurrency can be traded on a number of exchanges. TRX is currently listed on Binance, Liqui, OEX, Bit-Z (a Hong Kong-based exchange) HitBTC and Gate.io.
TRX has had an incredible start to 2018. On January 1st it was trading at $0.004305; by January 5th it was trading at $0.064359 – a rise of 1,441% in just four days! This has been followed by an equally impressive fall back down to earth to around $0.03 per TRX coin.
The market cap for TRX coin currently sits at just over $2 billion dollars – making it the 13th largest cryptocurrency in terms of market capital
If you’re looking for an easy and secure way to buy, sell & trade TRON (TRX) online, you’ve come to the right place.
You can buy cryptocurrency and digital assets 24/7 using our website and mobile app. More than 35 million people use Coinmama as their preferred platform to buy & sell cryptocurrency.
Coinmama is a leading cryptocurrency brokerage company that allows you to buy several types of cryptocurrencies with your credit card. You can buy Bitcoin and Ethereum with USD but also many other altcoins.
Coinmama was established in 2013 and it is one of the first companies to offer cryptocurrencies for sale over the internet. The company is registered in Slovakia but has operations around the world. It’s headquartered in Israel and has a global staff of over 150 people working in offices in Europe, North America, Asia and Australia.
The TRON Foundation was founded in September 2017 by Justin Sun. TRON is a cryptocurrency that aims to be a content distribution platform for the digital entertainment industry. The TRON network boasts high throughput, high scalability, and high availability for all Decentralized Applications (DApps).
TRX is an ERC20 token based on the Ethereum blockchain and was initially issued on the Ethereum blockchain as an ERC20 token with the ticker symbol TRX. In June 2018, the mainnet of TRON went live and all ERC20 tokens were swapped for native TRX coins.
TRX can be used by content consumers to pay content creators. It can also be used by content creators to reward users who help them grow their platforms. Tronix is one of the most actively traded cryptocurrencies on major exchanges like Binance and OKEx.
What is TRON?
TRON is a blockchain based, decentralized protocol project with an internal TRX coin that aims to be a content distribution platform for the digital entertainment industry.
TRON was founded by Singapore-based non-profit organization called “The Tron Foundation” in 2017. The Founder and CEO of TRON is Justin Sun. He was named “Forbes Asia 30 under 30” in 2015 and 2017, and “top 10 people to follow on Twitter for crypto news” by INC in 2018.
How does it work?
In short, TRON wants to make it possible for content creators to connect directly with their audience without the need of intermediaries like Apple’s App Store or Google’s Play Store. These companies take a cut from every sale made through their platforms and charge fees for hosting content on their servers.
What about cryptocurrency?
Cryptocurrency is a form of digital currency that acts as means of exchange just like government issued currency, but instead uses cryptography technology to secure transactions and control the creation of additional units.
There are hundreds of cryptocurrencies currently in existence, most of which were created as an alternative to central bank controlled currencies like the US dollar and Euro. Cryptocurrencies can be used to purchase goods and
The TRON protocol, one of the largest blockchain based operating systems in the world, offers scalable, high-availability and high-throughput support that underlies all the decentralized applications in the TRON ecosystem. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents and enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.
TRON was founded by Justin Sun in 2017. He created tron after graduating from Peking University where he studied under Jack Ma from Alibaba. He also worked for Ripple as head of China before creating tron.
TRONIX is the official currency of TRON which aims to be a decentralized entertainment content sharing platform eventually leveraging blockchain and peer-to-peer (p2p) network technology.
TRX can be used by content consumers to pay for the content they access on TRON’s content distribution platform.
Content providers will earn TRX that can then be used to pay for computing resources needed for storage or for other purposes on the platform.
TRX can also be held as it appreciates in value due to increased adoption of the platform and its native currency. In addition to