The TRON Foundation is entering a new phase of its development with the upcoming launch of the fourth network version
TRON is a blockchain-based platform for building decentralized applications (DApps), which was founded by Justin Sun. He is one of the most prominent people within the cryptocurrency community and also a protege of Jack Ma, Ali Baba Group’s Founder.
TRON was officially released in the year of 2017. Initially, the TRON network was intended to serve as a decentralized platform that brings a free and global digital content entertainment system. The native token of the platform is known as TRX.
Some of the benefits that TRON network offers include high transactional throughput, scalability, and availability. Naturally, one of its main goals is to eliminate the middleman and to bridge the gap between content creators and content consumers. This results in cost reduction while also improving the collection for the content producers.
During 2019 TRON had acquired BitTorrent, one of the most popular torrent platforms. Purportedly, it has over 100 million users.
Recent Tron News
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TRON, a popular blockchain platform and decentralized content ecosystem have just announced its move into the world of decentralized finance
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