TRON Price today is $0.31 - TRON exchanges, TRON Price prediction, market live
TRON Price today is $0.31 - TRON exchanges, TRON Price prediction, market live
Buy / Sell Tron- TRON (TRX)
- Live Price $0.31
-
24h %
0.03%
- Market Cap $29.50 B
- Volume $5.58 B
- ATH $0.43
- High 24H $0.31
- Low 24H $0.30
- Available Supply 94.73 B TRX
- Rank 10
Tron 24 high and low Price
About Tron
Tron is a blockchain-based decentralized platform that allows developers to build a global digital content entertainment system with distributed storage technology. Hence making it easier to sell and cheaper to consume for the consumers.
Tron was founded in September 2017 by a Singapore-based non-profit organization called the Tron Foundation. It is headed by CEO Justin Sun. Originally TRX tokens were ERC-20-based tokens deployed on Ethereum, but a year later they were moved to their own network.
Tron's main aim is to cut the premium of middlemen. Eliminating the perk of middlemen it makes easier for the producer to produce the content and cheaper for consumers to consume the content.
By allowing any or every content producer to host digital entertainment content at its blockchain-based network. Tron makes it easy for content producers to sell their content. Consumers can pay directly to content creators hence it makes it cheaper for them to buy the content.
Netflix is a prime example of a third party (middleman). Which charges from the consumer and paid to the content producer after deducting their premium.
Tronix is the cryptocurrency of the Tron network.
The ecosystem is based on three levels, which ensure the smooth and powerful operation of TRON. The architecture is as follows:
- Storage Layer, where network data, blockchain state, and historical data are securely stored. In general, its purpose is to segment all kinds of ecosystem data;
- Application Layer, where developers are key figures and where TRX is utilized to develop applications and create wallets;
- Core Layer, where various instructions are processed (which can be written only in two programming languages - Solidity and Java). Principle of operation: the core layer computes instructions, processes them, and sends them to the Tron Virtual Machine, where the logic happens, and dApps are executed.
TRON has a total supply of just over 100 billion tokens — and at the time of writing, about 71.6 billion of these are in circulation.
It is possible to buy Tron from dozens of the exchanges it is listed on - including, KuCoin, Binance, Bitfinex, Coinbase, and others
Tron Exchanges
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Tron Price chart
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