What is Tron (TRX)?

Tron is an open-source, decentralised platform and protocol designed to facilitate the development and use of distributed applications (dApps) as well as smart contracts, digital assets, and other features. It was first released in 2018 by Tron Foundation, a non-profit organisation based in Singapore. The objective of the project is to decentralise the web by creating an infrastructure where users can interact and transact with each other without the need for a third party. TRX’s blockchain is powered by its own native cryptocurrency called TRX. The company also provides various dApps, such as Tronbet, which is a gambling platform built on top of the Tron blockchain.

What is Tron? Tron's mission is to build a truly decentralized internet and aims to be the largest blockchain-based operating system in the world, known as the TRON protocol. The TRX protocol will offer high scalability, high availability, and high throughput computing to serve decentralized applications via smart contracts. Ethereum EVM-based smart contracts will be compatible and deployable on the TRX network as such Solidity developers do not have to rewrite their applications.

Why Tron? Since TRX protocol does not rely on proof of work or mining, instead governed by nodes located around the world, it is decentralized while providing high throughput for transactions on the blockchain. This is suitable for dapps that require high-speed transactions, especially games. There are a number of tokens already issued on the TRX network, and the decentralized exchanges TRX.market has launched. On July 24th 2018, TRX acquired BitTorrent, one of the largest P2P file-sharing protocols. As a result of the acquisition, BitTorrent Token (BTT) was launched as the cryptocurrency to power the economics of the BitTorrent network. The Token will be used to incentivize file sharing and storage within the network.

How does Tron work (TRX)?

The Tron protocol enables developers to create dApps and smart contracts on the blockchain, while users can interact with these through wallets. Transactions are processed via a network of nodes that validate them and confirm their accuracy by utilising algorithms like Delegated Proof of Stake (DPoS). This ensures that transactions are carried out securely and efficiently. Moreover, the TRX platform also allows developers to issue their own tokens, which can be used for various purposes, such as crowdfunding or rewards. Finally, users can trade these tokens on exchanges that support Tron-based assets. By using TRX’s protocol, users can conveniently interact with the blockchain in a secure and decentralised way. This gives developers the freedom to innovate and create innovative applications on the Tron platform. 

How to get torn (TRX)?

If you're interested in acquiring torn coins, there are a few ways to get your hands on them. The most popular method is to purchase it through an online exchange such as Coinbase or Kraken. These exchanges offer a variety of options for buying and selling torn coins, including credit card payments, bank transfers, and debit card payments. Other options include buying from a peer-to-peer marketplace like Localbitcoins or mining it yourself using specialised hardware. Whichever method you choose, do your research before investing any money into a torn coin!  Good luck! 

Torn crypto coin live to update.

Fortunately, several online platforms have come up with Torn crypto coin price live updates. This service allows anyone to view the real-time Torn coin value and track any market changes. With this resource, you can stay ahead of the curve and make smart decisions about when to buy or sell Torn coins.