With the expansion of the cryptocurrency sector, lots of new coins have entered into this new market. In today’s introductory series, we will take a closer look at Tron (TRX) for CoinTurk readers.
Tron can be identified as a blockchain-based entertainment platform. Tron is a decentralized platform and allows the usage of smart contracts such as Ethereum or EOS. Moreover, the Tron team founded the Singapore based Tron Foundation. The non-profit organization is founded to help Tron development team. The Foundation also works independently from the TRON team and facilitates in a fully free-way.
Tron, which was launched at the beginning of 2018, can be shortened as TRX. The total token number is 100 billion while the total token number in circulation is 66.682 billion. Being listed on so many cryptocurrency exchanges makes Tron quite attractive for lots of investors.
How Does Tron Work?
Decentralized content protocol TRON has four different working principles:
- Data freedom: Every content can be uploaded, stored or distributed into or to the platform without any control or interference.
- Content providing: For the provided content it is possible to gain digital assets in return and the platform continues to exist in this way.
- Personal ICO: Platform members can distribute their own digital assets by making ICO. Other members can buy these assets and use the services came with ICO.
- Infrastructure: Distributed trading offers, autonomous game opportunities, and betting games can be found in this infrastructure.
How can I purchase Tron (TRX)?
You can buy Tron from Binance cryptocurrency exchange.
