Project Name: TRX (TRON)
Token Name: TRON
Type: Coin (native)
TRON is a public blockchain dedicated to providing the underlying infrastructure that enables developers to create smart contracts and decentralized applications, freely publish, own, and store data & other content.
TRON deploys a Delegated Proof-of-Stake (DPoS) consensus mechanism to avoid the issue of low transaction throughput times and high transaction fees amongst Proof-of-Work (PoW) public blockchains (e.g., Bitcoin).
Specifically, some of the core features of TRON include:
- A three-layer architecture: a three-Tron supports a three-layer architecture divided into a core layer, a storage layer, and an application layer.
- Delegated Proof-of-Stake consensus: TRON utilizes a DPoS algorithm to reach high TPS, offering greater scalability than existing programmable networks.
- A network of 27 Super Representatives: TRON relies on a unique model with accounts named Super Representatives who generate and validate blocks.
- Tron Virtual Machine (TVM): smart contracts are written in Solidity, making it easy for Ethereum developers to deploy on the TRON network. The TRON project also plans on supporting additional languages in the future.
TRON's mission is to become the underlying architecture for decentralized applications, and therefore "building a truly decentralized internet".
Total Supply: 100,850,743,812 TRX (at the time of listing)
Listing date: 2021-01-05
Official Website: https://tron.network/