What Is TRON?

Last Modified:
August 14, 2024

TRON is a blockchain platform that connects digital creators directly with their audiences without the need for third-party platforms. It was founded in 2017 by Justin Sun on the Ethereum blockchain but soon moved to its own network. TRON gives you more control over your content, including how it gets distributed online and how you can monetize it. TRON’s native token is Tronix (TRX).

If you want to access and interact with content in the network, you need to spend TRX, which gets paid directly to the creators of the content. Unlike centralized platforms which take a huge share of creator’s earnings, this blockchain-based approach is a more effective way to let fans directly support their favorite creators.

How TRON Works

TRON's system is built on a three-layer framework. The core layer includes the basic operations, like settling transactions and operating smart contracts. The storage layer stores data like videos and files. The application layer is used by developers to build different applications from games to media streaming services.

TRON uses the Delegated Proof of Stake (DPoS) consensus mechanism, which makes it fast and cost-effective. In this system, you don't directly participate in validating transactions. Instead, you vote to elect a group of delegates who are responsible for validating transactions and maintaining the blockchain’s integrity. Delegating the responsibility to a limited number of elected officials reduces the total work to be done and speeds up the validation process compared to traditional Proof of Stake (PoS). In fact, TRON can handle over 2,000 transactions per second without any fees.

With TRON, you no longer need to rely on third-party platforms that charge you a lot to manage and distribute your content. This increases the amount you can potentially earn from creating and interacting with content online. TRON also supports several high-level programming languages, which makes it a versatile blockchain platform for dApp developers.

One drawback of TRON is its tendency to be centralized because a huge portion of TRX tokens are currently held by a limited number of wallets. This means that a few users with a lot of TRX have the power to influence the rest of the network.

Overall, by giving you more control of your content, TRON makes content creation more fulfilling and profitable.

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