TRX Specifications

Type

COIN

Algorithm

Protocol

DPOS

Start Date

01/07/2017

Max Supply

99,216,872,181

Circ. Supply

86,146,198,749

Website

Explorer

Social Media

Info

TRON (TRX) is a decentralized blockchain platform focused on providing fast and affordable transactions. TRX is the native cryptocurrency of the TRON network, supporting token swaps, decentralized applications (dApps) and digital content sharing. Its high transaction speeds and minimal fees make it an efficient medium of exchange for users worldwide.

Market Impact

TRX has played a significant role in increasing blockchain adoption by offering a scalable and cost-effective platform for digital transactions. Its integration into token swaps on decentralized platforms has attracted developers and users seeking efficiency. TRX's presence on major exchanges and its use in cross-border payments have solidified its reputation as a versatile cryptocurrency for a global audience.

History

TRON was founded in 2017 by Justin Sun to create a decentralized ecosystem for digital entertainment and content sharing. Initially launched as an ERC-20 token on Ethereum, TRX migrated to its native blockchain in 2018. The TRON network has since expanded to support decentralized finance (DeFi), allowing users to perform token swaps, which has solidified TRX as a key asset in the blockchain ecosystem.

Features

Fast Transactions
TRON's blockchain supports up to 2,000 transactions per second, ensuring real-time token swaps and low-latency operations.
Low Transaction Costs
TRON's minimal fees make it an attractive option for decentralized applications and affordable financial exchanges.
Content-Centric Ecosystem
TRON enables users to exchange digital assets and power decentralized content sharing, fostering innovation in blockchain-based media.

Website

Explorer

Social Media

*The indicators above, do not represent an investment advice and should not be treated as such. Please make your own research and risk assessment before exchanging your assets.