What is TRON (TRX)?
TRON (TRX) is a decentralized blockchain-based operating system developed by the Tron Foundation and launched in 2017. Originally, TRX tokens were ERC-20-based tokens deployed on Ethereum, but a year later they were moved to their own network.
The project was initially created with the goal of providing full ownership rights to digital content creators. The main goal is to help content creators (who only receive a small share of the income) and incentivize them with more rewards for their work. How: invite content consumers to reward content creators directly (without intermediaries like YouTube, Facebook or Apple).
TRON software supports smart contracts, various types of blockchain systems, and decentralized applications, also known as dApps. The cryptocurrency platform uses a transaction model similar to Bitcoin (BTC), namely UTXO. Transactions occur on a public ledger, where users can track the history of operations.
Therefore, the platform was built to create a decentralized internet and serves as a tool for developers to create dApps, acting as an alternative to Ethereum. Anyone can create dApps on the TRON network, offer content, and in return, receive digital assets as compensation for their efforts. The ability to create content and share it openly without hesitation regarding transaction fees is an undeniable advantage of TRON.