Bright Ideas: Tron (TRX)

Tron is a proof of stake cryptocurrency that has been built on the Tron blockchain network.

Price:

$0.0546

Mkt Cap:

$5,043,420,973

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Tron was founded in 2017 by Justin Sun and the Tron Foundation, raising $70 million through an initial coin offering or ICO.
Tron combines high transactions per second, interoperability with the Ethereum Virtual Machine.
Tron has and block speeds creating a highly scalable smart contract platform for building decentralized applications.
The native currency of Tron is the TRX token which does not have a maximum supply.
Tron has a number of deflationary measures including the burning of all transaction fee’s.

The reach of Tron can be seen in its partnership with oBike, a Singapore Bike sharing company which provides earn as you ride bike services.
Ocoin can be used to pay for bikes and purchase content on Tron, but is also earned by users depending on how far the travel while renting a bike.
A major advantage of Tron is its compatibility with a variety of programming languages potentially providing a wider pool of developers to build on Tron.
The Tron Virtual Machine (TVM) allows developers to use languages such as Java and Python.
Tron is also compatible with the EVM and is compatible with the solidity programming language.

Tron was founded in 2017 by Justin Sun and the Tron Foundation, raising $70 million through an initial coin offering or ICO.
In 2019, Tron announced a partnership with Samsung to launch on it’s blockchain keystore allowing Samsung Galaxy S20 users to access Tron Dapps.
The partnership with Samsung has allowed regular people to interact with and learn about blockchain technology through Tron Dapps.
In December 2021 Tron announced that the total transfer volume of stable coins on the network exceeded $19 bullion USD on November 30^th, displaying the projects accelerating De-Fi adoption.

Tron is a proof of stake cryptocurrency that has been built on the Tron blockchain network.

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