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What is TRON?
TRON was founded by the Singapore based non-profit organization, TRON Foundation in the year 2017. Justin Sun, a well-known figure in the blockchain industry is the CEO of TRON. It is a decentralized digital entertainment platform which works similar to social media but on the blockchain. It is a place where publishers can post their content and users can enjoy it without the interference of third parties. TRON bridges the gap between the content creators and consumers by eliminating the mediators.
TRON also introduced the SUN network which includes smart contracts and development of the DApps. Tronix (TRX) is the native cryptocurrency of the TRON blockchain. It can be used by the users to access the content on the network and publishers are paid in TRX. TRON uses the Delegated Proof-of-Stake (DPoS) consensus algorithm. The platform is highly scalable and can process 2000 transactions per second.
Looking to sell TRON? On ChangeHero, you can instantly sell TRX to USD or Euro. It just takes a few clicks and a simple one-time verification procedure to cash out your TRON. Our support team takes care of any issues which may arise during the process and solves them immediately.