TRON or TRX is a Blockchain-based decentralized cryptocurrency from Singapore.
TRON, which is based on Blockchain technology, is mostly designed for the entertainment industry.
The main purpose of the TRON platform is to create a system that offers free entertainment content worldwide.
In general terms, TRON platform aims to provide 4 basic services to its users;
Decentralized Data Sharing: Without any central control, users can upload, store and distribute the content they want on the platform.
Direction to content creation through financial incentives: Eliminating intermediaries, the platform aims to ensure sustainability by giving all of its content revenues to the producer.
Personal ICOs: It is aimed to optimize data sharing by using ICO technology for users.
Infrastructure: TRON, which has a developed infrastructure, aims to compete with platforms such as Steam, EpicGame, Apple Store and Google Play as well as its own trade. With its distributed infrastructure system, the platform offers its users various transaction options such as trading and autonomous game play.
MARKET VALUE 3 BILLION DOLLARS
As of January 2019, the total market value of TRON was approximately $ 1.6 billion. In February 2019, after being acquired by the Tron Foundation, BitTorrent launched its own token sale based on the TRON network.
According to Coinmarketcap data, TRX ranks 20th in the crypto money market with a market value of $ 3 billion 200 million.
As of February 9, it increased 38 percent over the last 24 hours, reaching a value of 1 TRX = 0.04 dollars.
INFLUENCED AGAINST ATTACKS
In May 2019, cybersecurity testing service HackerOne announced that only one computer could bring TRON’s entire blockchain to a halt.
The disclosure showed that a stack of requests sent by a single PC could be used to compress the power of the blockchain CPU, overload memory, and perform a distributed denial of service (DDoS) attack.
HOW TO BUY TRX?
TRX trading can be done on many major domestic and foreign cryptocurrency exchanges.
TRX transactions can be made from Paribu as well as foreign cryptocurrency exchanges such as OKEx.