TRON (TRX) is an open source cryptocurrency. Tron is a blockchain-based decentralized platform that aims to create a free, global digital entertainment content system with distributed storage technology, enabling easy and cost-effective sharing of digital content.
TRON coin developers say they have a goal of creating an ecosystem where everyone can participate.
Some of the prominent features of TRON in this respect are;
Users will be able to make transactions at a lower cost.
It will be able to use different DApp functions used on the TRON coin platform.
In terms of the future, TRON is planned to develop thanks to an ecosystem where everyone related to TRON coin can contribute.
There are investors and commentators who believe that TRON will grow 500 times in the next few years.
How the TRON (TRX) coin works?
Trx coin operates with a three-tier architecture divided into a storage layer, a core layer, and an application layer.
Is there TRON TRX coin mining?
Since TRX coin uses the PoS algorithm, mining is not implemented. As it is known, while mining is done in most cryptocurrencies, it cannot be done in some. For example, mining of cryptocurrencies such as Ripple and Stellar is not done. The most important reason for this is the algorithm they use. All of these cryptocurrencies are already produced, unlike Bitcoin, and these cryptocurrencies are kept in escrow accounts. For example, Ripple periodically releases XRP coins it holds in escrow to fund company development.
TRON TRX coin is also one of the non-mining cryptocurrencies because it uses the PoS algorithm.
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