Tron crypto currency was created and started in Singapore. Tron crypto currency is a decentralized crypto currency. The open source block chain was based on operating system with the functionality smart contract. The principle proof of stake has its consensus algorithm and crypto currency is the native to the system called as Tronix.
The foundation of tron has raised $70 million in 2017. China prohibited the digital tokens by offering initial coin through the Tron Foundation. Web Wallet, block chain explorer and testnet are launched on March 2018. The protocol switched by Tron from ERC-20 token in June 2018. Ethereum is an independent peer to peer network. The peer to peer file sharing service finished the acquisition of Bit Torrent was introduced by the Tron foundation in July 2018.
The Bit Torrent founder Bram Cohen announced that he was leaving the company to find Chia. The Chia is an alternative to the Bitcoin that was created to use less energy intensive crypto currency.
Tron crypto currency market cap is $1.6 billion as January 2019 of total crypto currency market. After being acquired by tron foundation the Bit Torrent has been started its own token sale that was based on the tron network.
Tron crypto currency has adopted 3 layer architecture that was divided into core layer, application layer and storage layer.
The protocol of tron adheres to the Google protocol buffers which supports to the extension of multi languages. The protocol tron crypto currency was also maintained by the tron foundation which distributes computing resources that was equally among with the TRX holders.
The decentralized virtual machine executes a program by using the public nodes of international network that provides by tron network.
The network supports a large amount of users and conducts 2,000 transactions per second which has zero transaction fees.
Tron requires minimal transaction fees to prevent fraud users by performing DDoS attacks without any cost. Tron crypto currency is also allows directly to reward content creators for their work. This platform allows users to create and share digital content. Decentralized applications supports smart contracts. It also allows native currency used for the government network.
Tron crypto currency is currently available on the several popular crypto currency platforms. The Tron network achieves high volume without any network delays. Tron crypto currency transaction fees is low, to tell frankly it is almost zero. Tron users can buy and sell the crypto currency through the number of major and popular crypto exchanges. It also supports staking in an innovative method to earn income holders a certain amount of TRON.
Tron crypto currency was created by the outstanding TRON community developers. It was established in depth cooperation with the number of world class wallets. Tron wallets are contributed and developed by the community Tron.
It displays options to choose from the Tron official website. If anyone encounters any problem with this site you can immediately contact with the community developers for the help through the link of the wallet. You have to take the responsibility to choose a TRON wallet with the caution and to take measures to protect TRX.
High throughput was achieved by improving the TPS in TRON that has been surpassed the Bitcoin and Ethereum.
High scalability is an application which was given a variety of ways that was to be deployed in the TRON because of its scalability and the effective smart contract.