#BinanceHODLerPLUME 9- TRX Here is a summary of Tron (Tron – TRX)
Tron (Tron) is a blockchain network launched in August 2017 with the goal of creating a decentralized internet that allows users to share digital content and run decentralized applications (dApps) without the need for intermediaries. The network's currency, TRX, was initially a token on the Ethereum network (ERC-20), but it migrated to its own blockchain in 2018.
Tron relies on a delegated proof-of-stake (DPoS) consensus mechanism, which gives it a high capacity to process transactions very quickly and at very low costs. Thanks to these advantages, the network has become popular in the fields of decentralized gaming and gambling applications, and it also provides a platform for creators to sell their work directly to consumers.
By May 2024, the number of accounts on the Tron network surpassed 228 million accounts, reflecting its rapid growth. However, the project faces legal challenges, most notably the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against its founder Justin Sun in March 2023.
