TRX $TRX — is the native cryptocurrency of the TRON platform, founded in 2017 by Justin Sun. TRON is a decentralized blockchain platform designed to develop the entertainment and content industry, where users can exchange media files, create dApps (decentralized applications), and smart contracts.
Key features of TRX:
• Fast transactions: TRON processes up to 2000 transactions per second.
• Low fees: Due to the network architecture, fees are almost non-existent.
• Support for dApps: Developers can create and launch applications without the involvement of centralized platforms.
• DPoS consensus mechanism: TRON uses Delegated Proof of Stake, making the network energy-efficient.
TRX is used for:
• Payments on the TRON network.
• Voting for super representatives (validators).
• Interacting with dApps.
TRON is actively developing and ranks among the top 20 cryptocurrencies by market capitalization.