Tron (TRX) is a digital currency that is based on the blockchain protocol (chain of blocks), it is not mineable but it is totally decentralized.
The purpose of this cryptocurrency is to build an entertainment system at no cost for all users, using storage technology.
The main gold mine of the Tron (TRX) project is Peiwo, which consists of a music application used by more than ten million users in China, led by the foundation's CEO, Justin Sun.
TRON, being a totally decentralized cryptocurrency, has started an impeccable project dedicated exclusively to developing an infrastructure for the Internet.
Among many other things, it offers fully available, high performance progressive support, underlying the rest of the decentralized applications in the TRON ecosystem.
Both the TRON protocol and the TVM protocol allow all users to develop Apps for themselves or their societies. Through our innovative contracts, the use of decentralized crowdfunding and the issuance of tokens is easier than ever. The purposes of Tron APP are composed by Peiwo, Uplive, game.com, Kitty live and Mico, and currently having over 100 million active users from more than 100 countries around the world.
The best bet that the TRON cryptocurrency currently has is to enter the gamification market using the APPs since this is one of the most demanded on the Internet.
The intention is for Tron to become a valuable tool for all users, preventing it from becoming a lucrative method for only a few.
The headquarters of the Tron Foundation is located in Singapore and belongs to the ACRA, and is regulated by the Singapore Companies Act.
The city of Singapore has the best economically speaking laws and it is totally forbidden for affiliates of the foundation to obtain personal benefits from any kind of profits.
Tron has a circulation volume of 100,000,000,000 TRX, and counting at the beginning of 2018 with a total of 65,748,192,475 TRX assets.
Currently, it remains in the 10th position for its market capitalization with $ 4,476,019,669 usd.
TRON announces itself as a method based on Blockchain (chain of blocks) for the leisure industry: a platform in which the native TRON, TRX token circulates, this way distributing its content.
At the beginning of September, the project carried out an ICO, achieving its objective of raising funds reaching $ 70 million.
The development members of the TRON Foundation are led by Justin Sun, founder and CEO of TRON, these members are professionals with a long history in the world of cryptocurrencies and the development of blockchain technology (chain of blocks), whom are also considered loyal followers of Sir Tim Berners-Lee and his commissioner, so the goal is to develop mechanisms within the TRON Foundation to get the platform to develop, as they had initially planned, an Internet that works under the vision of one of its creators, in a totally decentralized and translucent way.
TRON works with two confirmation protocols, unlike other cryptocurrencies, the first called Proof-of-Replication and the other called Proof-of-Spacetime, with which an adequate control and acquisition of the assets of the cryptocurrency is guaranteed, with the contribution of being the most ecological and least expensive way.
As a first option, users have the option of enabling an online wallet service through the web portal tron.network, also considered as the main source of information related to the cryptocurrency.
Since its launch TRON has been one of the cryptocurrencies with the lowest profile, ever since its existence the price per unit was below USD $ 0.003. But since December 7th of the previous year, the cryptocurrency suddenly begins to increase its value, arriving in a matter of 6 days to be above USD $ 0.01.
Surprisingly, a week later, the currency experienced another important increase in its value, reaching a price per unit of USD0.6677. This meant a profit record up to 600% for all those investors who acquired them with their initial value of $ 0.01.
Currently, the cryptocurrency is traded internationally, but Biance continues to be the platform with the highest volume of transactions, since it makes approximately 62% of purchase / sale transactions with TRX assets.