What is Tron?

Tron’s history

What is Tron? Today, Tron is one of the post popular and used Blockchain networks and also one of the most beloved cryptocurrencies in crypto market. Tron attracted a lot of cryptocurrency investors to itself and got plenty funds for itself.

Here in shetcoiner website, we talk about Tron’s cryptocurrency, network and its history, so read this article to the end.

Tron was founded in September 2017 by Chinese entrepreneur Justin Sun. Tron cryptocurrency was first uploaded on a trial basis to the Ethereum’s blockchain and the ERC-20 protocol, and then uploaded to its core network on June 25, 2018, with the final launch of the Tron network.

Fans of this cryptocurrency and the blockchain network call it Independence Day. Also, according to the information obtained, this blockchain was able to do what Bitcoin did in 10 years in 319 days and broke the record for the number of Bitcoin transactions during this period.

One of the main reasons that Tron network became so popular was its extensive association with exchanges and the cryptocurrency community, as well as the high speed of network transactions and the low Fee of network transactions, which made it almost free.

What is Tron?

What is Tron? (Fast and low fee Blockchain)

Tron is one of the fastest Blockchain Networks with lowest fee that keeps its ongoing and tireless work. Justin Sun, Tron Developer claims that at the moment there’s an ability of doing 2000 transitions per second with the fee close to 0 in this Blockchain’s network. Meanwhile Ethereum’s Blockchain and Bitcoin’ Blockchain have the ability of doing 15 and 7 transition per second.

Tron’s main goal is people’s access to a real decentralized internet. An internet that all people can use to post their content or get their content and needs without any interference in this Blockchain.


Tron’s high scalability

Tron’s high scalability, as you can see, is the highest and Tron is the most scalable between other cryptocurrencies that was developed until now. According to Tron’s developers, this Blockchain supports a really wide range of decentralized programs. Decentralized Programs or “Dapp” is one of the best Tron’s features that can be used by anyone. These Dapps will continue their work after the execution of program in Tron’ network in the form of a decentralized project without and interface.


Tron’s other features

In Tron, you can make decentralized programs, smart contracts and standard tokens like Ethereum. In Tron’s Blockchain, there are two standards named TRC-10 and TRC-20. The TRC-20 Token making standard Utilizes the ability to build smart contracts.

It may amuse you that a lots of tokens developed in Blockchain use Tron’s or Ethereum’s Token making standards. One of these Tokens is Bit Torrent Token (BTT) and is made by TRC-10 Token standard.


Tron mining

Tron or TRX mining is not possible with any of the mining methods using GPUs or CPUs, and the only way to achieve this cryptocurrency is to use other cryptocurrencies and purchase it at reputable online digital currency exchanges In the world.

John Blue

Hello, I'm John Blue. I have several years of experience in the field of cryptocurrencies. In this blog, I will share my experiences related to this field with you and teach you some tips. If you are interested in this field, I hope our content will be useful for you.

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