TRON (TRX): What Is It?

TRON (TRX): What Is It?
2 min read

When the term “virtual currency” comes up, Bitcoin often comes to mind, but TRON offers a unique option. TRON (TRX) is not just a payment currency; It is a platform or infrastructure similar to Ethereum and NEM that uses blockchain technology to build its network and system.  All about TRON, its benefits, how to stake it and etc read in OWNRWallet blog from FinTech company that's building a crypto ecosystem to allow users do everything with cryptocurrencies in one placeTRON's philosophy revolves around sharing and protecting digital entertainment content such as games and images on a global scale. The project aims to go beyond the traditional advertising-based monetization model by creating a special economic zone where content is valued based on its intrinsic merit.

Let's dive deeper into TRON's capabilities and how to acquire it. Although TRON is rarely listed on domestic exchanges, it can be purchased on international platforms such as Binance. It's worth noting that not all TRON tokens have been released yet; They are expected to be released gradually, similar to Bitcoin.

The TRON network and system works by uploading digital content to the blockchain and distributing it to individual computers around the world. Instead of storing content on a centralized server, TRON forms a network in which content is distributed across multiple computers. Each computer's TRON data is synchronized, forming a cohesive network. Individuals who provide storage space for their computers and participate in maintaining the network are known as miners. Miners are rewarded with TRX for providing storage. Accessing or downloading the TRON network is very easy - all you need is “TRONIX (TRX)” to join the network.

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Alberto Guzman 2
Hi, everyone! My name is Alberto. Open Source. Community. Decentralized Web. Finance and Investment.
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