TRON is a blockchain-based, open-source platform for the global digital entertainment industry. It is the first smart contract blockchain protocol to transcend Bitcoin and Ethereum and has over 10 million wallet users worldwide. TRON introduces the concept of a shared economy into the digital entertainment industry, allowing users to be content producers. The TRON Protocol is one of the largest blockchain-based operating systems in the world, offering base public blockchain support with high throughput, scalability, and availability for all decentralized applications in the TRON ecosystem. TRON's native token, TRONIX (TRX), tracks users' entertainment behaviours and shares credit data with apps within the TRON network. TRX also offers information storage and identification benefits, with records about user acquisition and TRX spending stored on the blockchain.
Characteristics | Values |
---|---|
Project Aim | Establishment of a decentralized Internet and its infrastructure |
TRON Protocol | One of the largest blockchain-based operating systems in the world |
TRON Protocol Features | High throughput, high scalability, and high availability |
TRON Protocol Support | All decentralized applications in the TRON ecosystem |
TRON Tokens | TRONIX (TRX) |
TRX Features | Information storage and identification, with records about user acquisition and TRX spending |
TRX Use Case | Conversion and circulation of the entire world's virtual currencies in TRON |
TRON Advantage | Simplifies global payments |
TRON Advantage | Removes token barriers, reducing transaction fees |
TRON Network | Built on consensus mechanisms, using minimum costs to solve identification and personal credit issues |
TRON Network Transactions | Uses 'point-to-point' transactions to avoid traditional centralized settlement structure |
TRON Support | Various blockchain networks and smart contract systems, including Bitcoin, Ethereum, EOS, and Qtum |
What You'll Learn
TRON's blockchain-based operating system
TRON is a blockchain-based, decentralised, open-source operating system with smart contract functionality. It was founded by Justin Sun in 2014 and has been overseen by the TRON Foundation, a non-profit organisation in Singapore, since 2017.
The TRON Protocol is one of the largest blockchain-based operating systems in the world. It offers base public blockchain support of high throughput, high scalability, and high availability for all decentralised applications in the TRON ecosystem. TRON's blockchain is designed to be a distributed virtual machine for decentralised application development.
TRON's native token is Tronix (TRX), which developers can use in their applications. TRX is not used to pay transaction fees on the chain. Instead, TRON uses bandwidth points as payments. Each user has 600 bandwidth points by default, representing 600 bytes of data. Transactions are measured in how many bytes they occupy in a block, so if a transaction exceeds the default amount, the user must purchase more bandwidth points. These can be acquired by staking TRX.
TRON's blockchain network has been compared to that of Ethereum. However, there are some differences in how they operate. Ethereum uses its native cryptocurrency, Ether, as a payment method to network participants, whereas TRON uses bandwidth points.
TRON has been listed on over 130 exchanges, and is supported by a number of world-class wallets. It has also been integrated with Samsung Blockchain Keystore, making it the only made-in-China blockchain supported by Samsung.
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TRON's decentralised internet vision
TRON is a blockchain-based, open-source platform for the global digital entertainment industry. It is also the first smart contract blockchain protocol with over 10 million wallet users worldwide, having transcended Bitcoin and Ethereum. TRON's decentralised internet vision is an ambitious project dedicated to establishing a truly decentralised internet and its infrastructure.
The TRON Protocol is one of the largest blockchain-based operating systems in the world. It offers base public blockchain support of high throughput, high scalability, and high availability for all decentralised applications in the TRON ecosystem. TRON enhances digital entertainment platforms, including live shows, social networks, online casinos and games, as well as mobile games, by providing functions of payment, development, storage and credit sharing.
TRON introduces the concept of the shared economy into the digital entertainment industry. It puts texts, pictures, videos and live broadcasts in distributed storage, with the users on the platform being content producers. The protocol used by TRON enables digital entertainment content providers to interact with ordinary users to an unprecedented level without having to pay a high price for Google Play, Apple Store and other distribution platforms.
TRON has its own TRON Virtual Machine (TVM) to execute smart contracts. The TVM was initially an EVM (Ethereum Virtual Machine) fork and hence offers full compatibility, while also improving upon it to create high-throughput, low-latency smart contract execution. TRON has a 3-layer structure, consisting of the core, storage and application layers, each specifically optimised for certain functionalities.
The Core Layer deals with fundamental tasks, such as the Delegated Proof of Stake consensus algorithm, smart contracts and DApps. The Storage Layer is a distributed data storage layer addressing the complex storage needs of the TRON blockchain. The Application Layer provides easy interaction between developers and the TRON ecosystem.
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TRONIX, the TRON platform token
The token also plays a crucial role in removing token barriers within the entertainment network. By creating a payment settlement interface between systems, TRONIX facilitates trustworthy transaction information flow. This evolution of trust between people in social and gaming links to trust between humans and technology is a significant advantage of the TRON network. Furthermore, the network can ensure the authenticity and compliance of credit information, enhancing the efficiency of the global entertainment economy.
Another advantage of TRONIX is its support for various blockchain networks and smart contract systems, including Bitcoin, Ethereum, EOS, and Qtum. This multi-protocol infrastructure allows developers to build entertainment apps with ease and provides users with a seamless experience across multiple protocols. The TRON protocol has particularly revolutionised the gambling industry, addressing trust concerns and offering an intelligent contract guarantee system for trades of different gaming currencies.
The TRON platform and its token, TRONIX, offer a decentralised and efficient solution for the global digital entertainment industry. By breaking down information barriers, simplifying global payments, and removing token barriers, TRONIX enhances the user experience and stimulates growth in the entertainment economy. With its advanced features and capabilities, TRONIX is an attractive investment opportunity for those looking to enter the world of TRON and decentralised digital entertainment.
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TRON's digital entertainment applications
TRON is a blockchain-based, decentralized, open-source operating system with smart contract functionality. It was founded by Justin Sun in 2014 and has been overseen by the TRON Foundation since 2017. The TRON Foundation is a non-profit organisation based in Singapore.
TRON is a platform for the global digital entertainment industry. It enhances digital entertainment platforms such as live shows, social networks, online casinos and games, and mobile games, by providing functions of payment, development, storage, and credit sharing. TRON introduces the concept of a shared economy into the digital entertainment industry. It puts texts, pictures, videos, and live broadcasts in distributed storage, with the users on the platform being content producers.
TRON also supports the creation of coins by content makers, which can be used in their own developed applications. TRON is also one of the most popular blockchains for building DApps (decentralized applications). DApps were listed on the front page of the Samsung Galaxy Store.
TRON's first decentralized stablecoin lending platform, JustLend DAO, is an algorithm-powered decentralized bank. SunSwap is the first decentralized token exchange protocol on the TRON network, allowing users to exchange any TRC20 tokens at system-set prices immediately and conveniently without the platform taking any commission.
The APENFT Marketplace is an NFT trading platform launched by APENFT based on the TRON public chain. It funds and supports ecosystems, fosters the creation of quality products, and introduces a wider audience and more creative gameplay to the NFT field.
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TRON's global payments system
TRON is a blockchain-based, decentralized operating system with smart contract functionality, proof-of-stake principles, and its own native cryptocurrency called Tronix (TRX). It was founded by Justin Sun in 2014 and has been overseen by the TRON Foundation, a non-profit organisation in Singapore, since 2017.
TRON's network has built an entire set of consensus mechanisms that use minimum costs to solve identification and personal credit issues in online transactions. It uses 'point-to-point' transactions to avoid the traditional centralized settlement structure. The network can also play the role of an intermediary between users and developers, ensuring the authenticity and compliance of credit information. These advantages are said to significantly improve the efficiency of the global entertainment economy.
TRX, the token of the TRON platform, tracks users' entertainment behaviours and shares credit data with apps within the TRON network. TRX has additional values of information storage and identification, with records about user acquisition and TRX spending stored on the blockchain. Core information is accessed by all TRON apps, acting as the only credential for users to play in the global entertainment system.
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Frequently asked questions
Tron is a blockchain-based and open-source platform for the global digital entertainment industry. It is a decentralised digital entertainment protocol that enhances digital entertainment platforms, including live shows, social networks, online casinos and games, and mobile games, by providing functions of payment, development, storage and credit sharing.
The token of the Tron platform is Tronix, or TRX. Tronix tracks users' entertainment behaviours and shares credit data with apps within the Tron network.
Tronix has additional values of information storage and identification, with records about user acquisition and Tronix spending stored in the blockchain. Core information is accessed by all Tron apps, acting as the only credential for users to play in the global entertainment system.
Tronix can be purchased on several exchanges, including Binance, Poloniex, and TronScan.