Tron (TRX)
Loading...
Loading...
About TRX
Tron (TRX) is a blockchain-based decentralized platform known for its high throughput and low transaction costs, ideal for powering decentralized applications (dApps) and digital content sharing. Created by Justin Sun in 2017, Tron aims to revolutionize the entertainment industry by enabling direct transactions between content creators and consumers, bypassing intermediaries. Tron’s high-performance blockchain supports a robust ecosystem of dApps, making it one of the most active networks globally. With a unique Delegated Proof of Stake (DPoS) consensus mechanism, Tron achieves fast, efficient transactions while maintaining decentralization. TRX is the platform’s native token, widely used for trading, dApp interaction, and governance. Tron is widely supported across exchanges and wallets, and its integration with decentralized finance (DeFi) expands its use cases even further. You can explore Tron price movements, historical data, and live TRX market trends on our Tron Markets page to stay informed about this rapidly evolving blockchain platform.
Fact Sheet
News
Trezor Sees Record Sales Week as Bitcoin Approaches $100K
PRESS RELEASE. Prague, Czech Republic, November 29th, 2024, Chainwire. The hardware wallet company reported a 600% increase in sales following the U.S. elections and recorded its highest single-day sales in history. Trezor, the original bitcoin hardware wallet company, has reported…
XRP Rockets Towards $2 as Bullish Momentum Surges
XRP has witnessed an impressive surge, climbing 16.4% in the last 24 hours to reach $1.72. This rally positions XRP as the fifth-largest cryptocurrency by market capitalization, with bullish trends evident across all timeframes. XRP On the daily chart, XRP…
HYPE Mania: Hyper Foundation Drops $1.74B Airdrop on Decentralized Finance
The Hyper Foundation has completed a major airdrop of its native cryptocurrency, HYPE, bringing the total circulating supply to 333,928,180 tokens. With a market capitalization of $1.74 billion, the event highlights the foundation’s goals toward enhancing the Hyperliquid ecosystem. Hyper…
AEON Introduces Authorization Payments, Transforming Everyday Transactions With TON
PRESS RELEASE. AEON, a pioneering payment protocol, proudly announces its latest innovation: a revolutionary authorization payment feature built on the TON blockchain. By contributing to the TON ecosystem’s infrastructure, AEON enhances the usability of blockchain technology in everyday scenarios. The…
Since September, 507,000 BTC Sold by Long-Term Holders, Glassnode Data Reveals
Bitcoin’s price surge toward $100,000 has triggered record-breaking profit realization and intensified distribution activity among long-term holders, according to Glassnode and its researchers, Ukuria OC and Cryptovizart. Glassnode Insights: Bitcoin’s Rally Reveals a Record $2 Billion in Daily Profits As…
Frequently Asked Questions about Tron
What is Tron (TRX)?
Tron (TRX) is a decentralized blockchain platform focused on content sharing and entertainment, allowing creators and consumers to interact directly without intermediaries. Tron supports a wide range of dApps and uses a Delegated Proof of Stake (DPoS) model to enable fast, cost-effective transactions.
How does Tron work?
Tron operates on a blockchain that uses a Delegated Proof of Stake (DPoS) consensus mechanism, where 'Super Representatives' validate transactions. This model allows Tron to process high volumes of transactions quickly and affordably, making it ideal for decentralized applications (dApps) and digital content sharing.
What makes Tron unique?
Tron’s focus on the entertainment industry and its efficient Delegated Proof of Stake (DPoS) consensus make it stand out. With low transaction fees and high scalability, Tron offers an ideal environment for digital content sharing and dApp development, with a focus on creator autonomy.
Where can I buy and trade Tron?
You can buy, sell, and trade Tron on most major crypto exchanges as well as our Tron Markets page, which provides real-time TRX prices, market analysis, and historical trends to support informed trading decisions.
What are the benefits of using Tron?
Tron offers high-speed, low-cost transactions that make it ideal for dApps and content sharing. It provides a decentralized platform where creators can publish and monetize content directly, without traditional intermediaries, while enabling users to access diverse decentralized applications.
How can I store my Tron securely?
To securely store Tron, consider using a reputable wallet. Hardware wallets like Ledger and Trezor provide offline storage for the highest security, or you can use a secure mobile wallet like Exodus.
What is Tron staking?
Tron staking involves locking up TRX to support the network and participate in its Delegated Proof of Stake (DPoS) consensus. Users can stake TRX by voting for Super Representatives, who validate transactions and maintain network security, receiving rewards in return.
Is Tron a good investment?
Tron is popular among investors due to its scalability, efficient transaction model, and active role in the entertainment sector. While volatile, many see Tron’s focus on dApps and content-sharing as a strong value proposition in the blockchain space.