Name Price24H (%)
Bitcoin (BTC)
$39,748.00
10.58%
Ethereum (ETH)
$2,514.24
6.12%
XRP (XRP)
$0.88
5.31%
Litecoin (LTC)
$169.24
5.15%
What is TRON (TRX)? How can TRX be used?
Cryptocurrency

What is TRON (TRX)? How can TRX be used?

What is TRON (TRX):

TRON is a Blockchain-based decentralized operating system based on a cryptocurrency native to the system, known as TRX.

TRX is a blockchainbased decentralized platform that aims to build a free, global digital content entertainment system with distributed storage technology, and allows easy and cost-effective sharing of digital content. 

How can TRON(TRX) be Used?

The biggest benefit of using Tron crypto is that you are empowering artists and content creators all over the world into having ownership over the content they create.

Tron is leading a movement that some refer to as the third web. Although it sounds futuristic, the third web, or web 3.0, will enable people to use the internet as it was originally intended to be used for – as a decentralized, open network.

During the dotcom bubble, the internet had taken a turn away from its decentralized origin. Social media giants in Silicon Valley built on top of the infrastructure that was given to them and rewired it so that Tech Giants could make money from user data. Cambridge Analytica is the case and point of this system. However, in the Third Web, Tron will put the power back in the users’ hands, so that they are in control of their own data.

By using Tron crypto, you are leading the internet back down its original path. You are putting data back under your control where you have the choice of not disclosing or monetizing data for your own gain. So one of the answers to what is Tron coin is something that will lead the internet back to its original purpose.

From a developer’s standpoint, Tron is also special because it’s currently being built in a way that allows the use of any high-level language for smart contracts. This means developers in the future will be able to use whichever programming language they prefer to build on top of the open-software design.

One of the biggest products developed on Tron thus far is crypto puppies. Just after crypto kitties were first released, Tron attempted to play off the upcoming Chinese year of the dog. Tron dogs are still selling for the equivalent of $18. This is just one of many examples of successful products on the network.

 

 

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