TRON
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- r/Tronix
- Bitcoin headed for 36 more public companies by year-end: BlockwareCointelegraph.com News – 10 minutes agoThe corporate Bitcoin adoption race is “mostly being spearheaded by brand new companies or dying companies you’ve never heard of,” says Blockware. Blockware Intelligence predicts…
- Bitcoin retail interest ‘almost nowhere to be found’ as BTC taps highsCointelegraph.com News – 2 hours agoBitcoin’s surge to all-time highs has barely moved the needle in Google search interest compared to the spike seen after Donald Trump won the US…
- Schiff says sell Bitcoin for silver as $258K target looms: Hodler’s Digest, July 6 – 12Cointelegraph.com News – 6 hours agoBitcoin critic Peter Schiff calls Bitcoin a selling opportunity as it hits new highs, high-leverage trader James Wynn deactivates his X account, and other news.…
- Here’s what happened in crypto todayCointelegraph.com News – 8 hours agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3…
- High-leverage trader James Wynn deactivates X accountCointelegraph.com News – 8 hours agoHigh-risk trader James Wynn lost hundreds of millions of dollars in a matter of weeks by speculating on short-term price movements. Update (July 12, 2025…
What is TRON?
Tronix (TRX) is a coin, initially launched on Ethereum Blockchain as an ERC-20 token. However, in June 2018 Tron foundation launched their own proprietary Blockchain that promised to have higher transaction speeds than Ethereum. The transaction speed of Tron in tests was 2000 Transactions per second (TPS) compared to Ethereum 25 TPS. The shifting from Ethereum blockchain to Tron blockchain was completed by burning 1 billion ERC-20 tokens (TRX). Tron is available on major exchanges such as Binance, OKEx, Huobi, Kucoin, Bittrex etc.
The purpose of TRX coin is to be a decentralized content distribution platform for the social media and digital entertainment industry. Some of the features of TRX includes the ability to upload, save and download images, audio, video, and characters. Tron can be considered as a next generation social media outlet where one can share the content with anyone on the internet and get paid in form of TRX coin. It empowers the user to manage, secure and distribute the content as and when required, thus enhancing the privacy.
Tron is the vision of Justin Sun, who is the founder and CEO of Tron foundation. He remained a chief representative of Ripple (XRP) in China. He is also the founder of “Peiwo” website with a registered user base of over 10 million. The live streaming app of “Peiwo” is fully integrated with Tron. Tron is headed to revolutionize the social media with its decentralization technology.