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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => TRON (TRX) Forum + Ecosystem => Topic started by: rajput on May 06, 2021, 12:30:16 PM
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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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Thanks, I didn't know about TRON (TRX).You introduced about it very clearly. I like trx token.
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Tron is one of the many types of coins in cryptocurrency. Tron is a blockchain-based decentralized platform that aims to build a free,global digital content entertainment system with distribution storage technology.With the change of time this coin has become well known in the market and is attracting everyone.
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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
You can find out more by entering the following link: https://www.investopedia.com/tech/what-tron-trx/#:8:text=Tron%20is%20a%20blockchain-based,effective%20sharing%20of%20digital%
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Tron is a crypto currency market platform that imus to buld a free.this is a Blockchain-based decentralized platform.l have do the tron is market pumping.