Tron is a blockchain-based decentralized platform that aims to build a free, global digital content entertainment system with distributed storage technology, and allows easy and cost-effective sharing of digital content.

Tron was founded in September 2017 by a Singapore based non-profit organization called the Tron Foundation. It is headed by CEO Justin Sun and has a dedicated in-house #DevelopmentTeam  that includes renowned technology stalwarts. This article explores the Tron network, its workings, and its cryptocurrency Tronix (TRX).1


Eliminate the Middle Man
By using the features of the blockchain and peer-to-peer (P2P) network technology, Tron attempts to bridge the gap between content creators and content consumers by eliminating the middleman. The result is an overall cost reduction for the consumer and improved collection through direct receipts for the content producer, which offers a win-win situation.

To draw an analogy with a real-world application, consider Netflix, which operates a digital entertainment service offering on-demand content. A single organization controls the services in a centralized manner. One may need to subscribe and pay Netflix to watch a particular on-demand movie that may have been produced by a group of budding enthusiasts who are hosting it on the Netflix platform. From the fee charged to the subscriber, Netflix takes a cut for hosting the movie on its platform and pays the remainder to producers. Often, the lion’s share is taken by the middleman.


Tron replicates this business model on a public blockchain network and acts as a distributed, decentralized storage facility that makes it more efficient and cost-effective. It aims to eliminate the middleman, like Netflix in the above example, by allowing anyone and everyone to host digital entertainment content on its blockchain-based network. The global audience can directly pay the content creators to access the content.

In the process, Tron's open,


info.  https://www.investopedia.com/tech/what-tron-trx/#:~:text=Tron%20is%20a%20blockchain-based,effective%20sharing%20of%20digital%20content.

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The blockchain project TRON - a delegated proof of stake network based in Singapore that was founded by the charismatic Justin Sun in 2017. It claims a throughput of 2,000 transactions per second and aims to be a fast, scalable, and responsive smart contract platform.

info.  https://www.thestreet.com/investing/cryptocurrency/as-accusations-and-rumors-swirl-around-tron-here-is-what-we-found

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