What Is TRON?

TRON (TRX) is a blockchain-based operating system with a decentralized application (dapp) platform. Founded by a Singapore- based foundation as a non-profit, the Tron Foundation, the project team aims to tackle the global entertainment industry, since their start, they have expanded their vision greatly, grabbing the entire dapps market.

According to its initial whitepaper, “TRON’s team members are followers of Sir Tim Berners-Lee, who are convinced that protocol, from the moment of its invention, is an asset for human beings, rather than a profit-making tool for small groups.” Tim Berners-Lee is the founder of the World Wide Web.
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TRON’s open, distributed storage technology and decentralized platform enable creators of digital content to cut out the middlemen such as the google play store and Apple Store. Content producers are thus able to obtain the funds directly from their consumers.

Currently, most of the traffic and user data is controlled by a few corporations like Facebook, Amazon, and Google. by placing ownership of the data back into the creator’s hands, TRON (TRX) attempts to mitigate this control.

A More In-Depth Stage Review

TRON and their team are very ambitious. Just in 8 to 10 years, they are trying to accomplish to implement many blockchain technologies that are still very much experimental till today, including something similar to the entire Ethereum platform.
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Tron’s Key Features

TRON aims to “Heal the Internet” through these following features:

Data liberation: a free and uncontrolled data

They want to Enable content ecosystem where users can obtain digital assets from content spreading

The ability to distribute digital assets with personal ICO

Platform to allow market forecasting and distributed digital assets exchange (such as games).

Tron’s project is long-term with a few sets of phases that started with the Exodus back in 2017 and will lead to Eternity in 2023.
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Exodus: a free platform for peer to peer distribution, content, and storage.

Odyssey: An economic incentives to encourage empowerment and content creation.

Great Voyage: For individual ICO capabilities

Apollo: The ability for the content producers to issue their own personal tokens (TRON 20 Token)

The goals for steps five and six are to further the ability of decentralization of the gaming industry. They will allow developers to develop their gaming platforms freely and then achieve monetary incentives upon establishment of said games.
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Citation:

What Is TRON (TRX) Cryptocurrency? | A Guide to the Decentralized Web. (2019, January 22). https://coincentral.com/trx-beginners-guide/

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Note: This document with all the information in it is shared here to boost our knowledge of blockchain and crypto ecosystem, the original document can be found in document source, I have on ownership right over the document.

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