Tron

Definition

TRON is a blockchain-based platform that aims to create a decentralized internet and global digital content entertainment system. Founded by Justin Sun in 2017, TRON enables developers to build decentralized applications (dApps) and smart contracts on its network, facilitating direct interaction between content creators and consumers without the need for intermediaries. This not only reduces costs but also allows creators to retain full control and ownership over their content. The TRON network uses a delegated proof-of-stake (DPoS) consensus mechanism, which enhances its scalability and transaction throughput. TRON's native cryptocurrency, TRX, is used to power the network, incentivize participation, and support transactions within the ecosystem. By leveraging its high performance and low transaction costs, TRON aims to democratize content creation and distribution, promoting a more equitable digital economy.