What is TRON ?

1
What is TRON ?

• www.bitdeal.net

2
Introduction

• TRON was introduced on September 2017 by Justin
  Sun, the former chief representative of ripple in
  China. The team TRON have come up with a
  promising road map, and have launched their ICO
  in 2017, Unexpectedly the ICO has raised a huge
  fund which nearly worth of US70 Million.
• TRON is nothing but a blockchain like EOS,
  Ethereum, and Bitshares. Just like every other
  decentralized blockchain network, TRON is also
  having some specific protocols, own blockchain
  explorer, own cryptocurrency and have been
  introduced with a specific intention.

3
TRON

• TRON is a blockchain that is specially made to
  build decentralized p2p media network all around
  the world. At first TRON is considered as an
  blockchain network which is used only for
  entertainments.
• On December 2018 Justin sun, have announced the
  TRON Foundation have locked up a massive amount
  of TRX Tokens. (i.e) Around 34.2 Billion TRX
  Tokens will be on circulation by January 2020.

4
TRX

• TRX is the official cryptocurrency of the TRON
  Blockchain. Unlike other cryptocurrency, TRX has
  the focus of becoming humans asset rather than
  benefiting cryptocurrency traders alone. TRX
  cant be mined, but we can buy TRX on major
  cryptocurrency exchanges like binance .
• TRX Network can handle 2000 transactions per
  second, where as BTC and ETH have only 6 TPs, 25
  TPS respectively.

5
Value of TRX

• The current Value of Tronix (TRX)/ unit Published
  by coinmarketcap is, 0.026722 (While writing the
  article) and the market cap is 1,781,896,178 USD
  (i.e) 355,554 BTC. So far the peak price of TRX
  was 0.254791, which is happened in January 2018.
  The journey of TRX was started as an ERC - 20
  Token in Ethereum mainnet. After the launch of
  TRX mainnet the entire ERC- 20 Tokens was
  migrated as Native TRX Coin. The Total supply of
  TRX is 99,000,000,000.
• Around 58 Million Worth of TRX are traded on
  daily basis in major exchanges.

6
Reason for Introducing TRON

• TRON - To Create Decentralized Peer to Peer
  Digital Media ECOSystem.
• Blockchain For Media Entertainment Now Becomes
  True With TRONs Decentralized Network.
• We know blockchain gonna disrupt a set of various
  major industries, in which media Entertainment
  was also queued. But We dont know how exactly
  blockchain will benefit the Music, Media, games
  other entertainment niches. TRON has been
  Introduced to answer for all this question.

7
TRON - Media Blockchain

• TRON has been introduced with the intention of
  making a decentralized peer to peer media
  entertainment ecosystem. So with this blockchain
  protocol, the publisher can directly deliver
  their digital content to all the nodes inside the
  P2P network.
• In simple term, in future people can buy any
  music album directly from the composer or
  publisher. Likewise, games and other digital
  content can be shared via this network directly
  to the end user.

8
TRON - Media Blockchain

• So the publishers dont have to wait for a
  channel on youtube, iTunes or any other
  centralized medium in order to distribute their
  media to the audience.
• Based on this we can make any kind of dapps on
  TRON which may be games, gambling, collectibles,
  exchanges and more.
• Something Interesting . Right ? . Yeah . The
  future of media will be in this way as TRON is
  being there to bring in a revolution .
• Let us hope for the changes soon !!!

9

• To know about What is TRON DApp development ? and
  How to build a DAPP on TRON ? , read this
  article
• What is TRON? and How To Build a dApp On TRON?