Tron in general is ramping up growth in 2024

Tron is a decentralized blockchain platform that seeks to transform the digital content entertainment system by implementing a Peer-To-Peer (P2P) system. The Tronix ecosystem with TRX coin allows everyone to share content with each other, the blockchain platform also uses its own network without relying on the parent network by introducing Tron coin (TRX) for each of its transactions

TRX merupakan salah satu crypto terbesar dengan menduduki peringkat 20 besar pada kapitulasi pasar crypto, harganya sendiri sudah naik lebih dari 200% sejak dirilis pada tahun 2017.

Tron is a new mechanism that aims to create a free and global digital content entertainment platform where their network offers the benefits of decentralized distributed storage technology by providing its users with a unique platform to share digital content securely and cheaply. To explore more about what Tron or TRX is and how it works, let's read the explanation below

Tron is a blockchain platform designed to serve as the basic infrastructure of the decentralized internet. Tron can also run smart contracts just like ethereum where anyone can create decentralized applications or dApps using Tron coin or TRX. Every application that runs on the Tron network cannot be turned off or controlled by one person or centralized entity. Tron is basically almost the same as ethereum except that it offers lower transaction fees and faster confirmation times. Through the mechanism that the Tron platform offers, each user not only produces content and shares it with the public. However, you can also get benefits or rewards from previously shared content. The basic definition of what Tron is is that it aims to form a strong foundation on which advanced services, such as trading platforms, decentralized gaming networks, Non-Fungible-Tokens (NFTs), as well as decentralized financial (DeFi) applications can be built without relying on a centralized entity. .

At the heart of the Tron platform is a consensus mechanism known as DPoS or delegated proof of stake. Tron is not the same as bitcoin which uses proof-of-work. Tron is a crypto asset that has several differences from bitcoin, Tron uses DPoS consensus with a proof-of-stake mechanism. This is a system where everyone will choose which nodes to allow to process each transaction on the network. This mechanism will essentially reduce the resources used and make it more environmentally friendly. The voting system itself is also a main feature on the Tron platform where each community member can elect a super representative to ensure the network runs properly. In general, the Tron platform is a public network which will allow its users to have full control of any data they own. They can choose to monetize the data they currently have using Tron Coin or TRX or not monetize it at all.

Tron is a very special blockchain network, the Tron Platform supports approximately 2000 transactions every second. Apart from that, it also offers lower fees and faster confirmation times than Ethereum. Smart contracts are one of its unique features, they allow anyone to create completely decentralized applications or better known as dApps. This feature can be used for various things, such as games, DeFi and various other things. TRX is the main coin of the platform, the mechanism provides the opportunity for Tron coin owners to participate in the super representative selection process and contribute to the future development of the ecosystem. Apart from that, coin owners can also receive prizes for every Tron coin they own by participating in public nodes and helping verify every transaction on the Tron network. TRX appeared on Steemit but recently we received information that TRX can no longer be taken on Steem. because of this there may be some error in the TRX network in Steem...