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Tron (TRX) News

Explore the latest Tron news to stay informed about the blockchain and its innovative method of ensuring all network activities are decentralized. Tron puts power into the users’ hands, allowing each user to control how they earn and receive payments since no intermediaries are stretching the process.

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TRX TRX
$0.25
Market Cap $23.38 B
24h Volume $678.05 M
24h Low/High $0.2 / $0.3
1h -0.66%
24h 1.43%
7d 3.66%

In 2017, Justin Sun launched Tron TRX $0.25 24h volatility: 1.4% Market cap: $23.38 B Vol. 24h: $678.05 M , a blockchain platform with a mission to create a decentralized internet where users maintain control of their content and data. The Tron blockchain is fundamentally a platform that seeks to empower digital content creators, allowing them to cut out intermediaries so that they can earn directly from their audiences. Creators that use Tron can engage with their audiences and receive direct earnings through smart contracts and decentralized applications (dApps).

The Tron blockchain is designed for scalability and can handle up to 2,000 transactions per second (TPS), potentially enough throughput to satisfy millions of content creators. This capacity also makes Tron an attractive platform for developers creating dApps for creators across multiple sectors, including gaming and entertainment platforms. Furthermore, users enjoy low transaction fees in addition to impressive processing speeds.

The blockchain aims its efforts at supporting content creators, in addition to allowing users to earn. Members of the community can stake TRX, its native token, to earn passive income. Holding TRX tokens also allows users to participate in the Delegated Proof of Stake (DPoS) consensus mechanism, where transactions are validated by elected Super Representatives (SRs) who secure the network. TRX also plays several roles, including paying transaction fees and participating in platform governance.

Continuous upgrades and inroads of Tron into decentralized finance (DeFi) reflect its mission of providing an ecosystem where users, content creators, and developers can enjoy heightened scalability and accessibility.

Explore the Tron (TRX) guide for more details about the blockchain and its native token.

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FAQ on Tron (TRX) News

What is Tron used for?

Tron is used to enable direct content sharing without intermediaries, in addition to supporting smart contracts and building decentralized applications.

How does Tron’s Delegated Proof Of Stake (DPoS) work?

DPoS requires TRX holders to vote for Super Representatives (SR), who are tasked with validating transactions and securing the Tron network. The system ensures transactions are fast while maintaining the network’s decentralization.

What language is used on Tron?

The primary language is Solidity, which is also used on Ethereum. Further, the Tron blockchain supports Java and Python.

What is the TPS capacity of the Tron blockchain?

Tron is well-suited for millions of users and decentralized applications (dApps) because it can handle up to 2,000 transactions per second.