TRON (TRX)

TRON is a decentralized blockchain-based operating system designed to accelerate the decentralization of the internet and its underlying infrastructure. It serves as a global settlement layer for stablecoins and everyday digital purchases, providing a high-throughput environment to support large-scale decentralized applications. The network is governed by a decentralized autonomous organization (DAO), which allows the community to manage the protocol without a central authority. Its primary value proposition includes a unique resource model that utilizes bandwidth and energy to allow for high transaction volumes without traditional fee spikes. The platform functions as a smart contract platform that enables the creation of decentralized applications and is compatible with the Ethereum Virtual Machine, allowing developers to easily migrate applications. TRON operates using a Delegated Proof of Stake consensus mechanism where token holders vote for 27 Super Representatives to verify transactions and maintain the ledger.

Description from CoinGecko.

Coin details

Name

TRON

Symbol

TRX

Market cap rank

#8

Category

Smart Contract Platform, Layer 1 (L1), Alleged SEC Securities

Runs on

Its own blockchain

Hashing algorithm

Delegated Proof-of-Stake

Launched (genesis)

28 Aug 2017

Country of origin

CN

Circulating supply

95,036,970,332 TRX

Max supply

No fixed cap

Price in INR

₹29.63

Tax in India

30% on gains + 1% TDS on sale

Website

tron.network

Whitepaper

tron.network/static/doc/white_paper.pdf

Explorer

tronscan.org/#/token/0/transfers

X (Twitter)

x.com/trondao

Reddit

reddit.com/r/Tronix

GitHub

github.com/tronprotocol/java-tron