Tron is a new cryptocurrency, which is different from Bitcoin or Ethereum. Tron is based on the blockchain technology, which is similar to the technology behind Bitcoin and Ethereum.
Ton means “elevator” in the Chinese language and was chosen because the company wanted to emphasize the main purpose of Tron’s blockchain – providing a platform that can be used to trade virtual goods.
Tron has a total supply of 100 billion tokens (TRX). The value of TRX tokens rose significantly when it was first launched, but as time passed, it started facing issues such as low transaction speed and slow transaction confirmation. However, recently TRX has seen a substantial growth in its value. The price of a single token now stands at $0.042709 USD with a market cap of $1.64 billion USD.
Tron is a cryptocurrency that focuses on improving the user experience of digital content.
Ton has a market cap of $1.64 Billion as of Mar 13, 2018, according to coinmarketcap.com. Tron aims to be a blockchain-based free content entertainment system that will allow users to freely publish, store, and own data. The project has been divided into three parts: offering decentralized storage and distribution services; awarding decentralized TRX tokens for using these services; and rewarding the creators of content and providing them with the freedom to publish their work.
The TRON cryptocurrency was created in 2017 by the founder of Justin.tv and the CEO of BitTorrent, Justin Sun. TRON is different from other cryptocurrencies because it is a peer-to-peer network that operates without any centralized body or individual. Sun has been working on Tron since 2013 and wanted to create a blockchain that could handle large amounts of data accurately and quickly. TRON uses a decentralized virtual machine (DVM) to greatly reduce the operating costs of using blockchain technology.
Trading cryptocurrencies is complicated because you have to keep track of a bunch of different things: the value of your cryptocurrency, how much money you want to make, how much you think it will rise in value, how much you can afford to lose, and what other cryptocurrencies you might want to trade with. Fortunately, there are a few kinds of cryptocurrency that are easier.
Tronix is a cryptocurrency that has just one thing going for it: it’s very popular right now. Tronix has a market cap of $1.64 billion. That means that if you owned $1.64 billion worth of it right now, someone else would pay you $1.64 billion for it. That sounds like a good deal.
In recent weeks the price of Tronix has risen by almost 2X its original price, but not everybody agrees that this is because Tronix is popular now. The thing about popularity is that popularity can change fast and unpredictably as people hear about Tronix then buy some, sell some, and move on to something else. This can make prices shoot up or drop sharply in an instant.*
Tron is a blockchain-based, decentralized protocol that aims to build a worldwide free content entertainment system with the blockchain and distributed storage technology. Tronix is an ERC20 token that runs on the Ethereum blockchain.
The whitepaper of Tron Tronix was first released in August 2017 and its first crowdsale took place on September 25, 2017. The goal of this project is to develop the infrastructure for a free content entertainment system through blockchain technology. The TRX token will be used to pay for access fees of content on the platform and can also be used to collect fees from users to run applications inside the network.
Tron cryptocurrency is often referred to as “TRX” or “TRONIX”. Tron cryptocurrency was created by Justin Sun, who is also the founder of TRX. The TRX coin was initially being traded on Bitfinex before being moved over to Binance.
Yes, it’s a coin, but it’s different from most coins. Unlike Bitcoin and Ethereum, which are good at making money (if you believe in them), Tron is much more interested in the stuff that money is good for.
The Tron currency has two main goals: to improve the way we do things on the internet and to decentralize the web.
Tron wants to be both an operating system for the web and its own cryptocurrency. That is, if you’re running a website today, you’ll probably want Tron on your server instead of Apache; if you want to use Tron as a currency, you’ll probably want to buy it from someone who has it.
Tron is a project that aims to be a decentralised content entertainment platform. It encourages the development of decentralised applications and smart contracts. Tron is led by Justin Sun, who is also the founder of Peiwo APP, one of the largest Chinese audio messaging apps.
The vision for Tron is to create a free content entertainment system whereby users can freely publish and store their digital assets on the platform. The TRX token will be a fuel for this ecosystem, enabling the distribution and circulation of digital assets among users.
Tron hopes to use its technology as an alternative to YouTube and Facebook by creating a decentralised network of publishers (dApps) that can host and monetize their content.