The continuous inclination of the blockchain powered decentralized projects has uncovered another unique system, the Tron Network. It is blockchain-based platform establishing a truly decentralized Internet. As part of their expansion, they are announcing that they have listed their transaction currency TRX to one of the most popular cryptocurrency exchange platform, KuCoin.
Deposits are now available with trading pairs such as TRX/BTC and TRX/ETC. Buying will begin at 19:30 UTC+8 and Selling/Withdrawal at 20:00 UTC+8. Activities can be done utilizing KuCoin’s App or direct to their website.
About Tron (TRX)
TRON is a blockchain technology-based, open–source protocol exclusively for the international digital entertainment industry of free content. It supports different kinds of blockchain networks and Smart Contract systems such as Bitcoin (BTC), Ethereum (ETH), eosio (EOS), Qtum (QTUM)), and many other public blockchain Smart Contracts provide developers with multi-protocol groundwork for entertainment application development; TRON also allows users to enjoy hassle-free multi-protocol Smart Networks.
The TRON Foundation
The TRON Foundation is an internet software company which is dedicated to creating an infrastructure for a decentralized internet and World Wide Web (www), it is founded by Justin Sun in 2017. Given that intention, the TRON Foundation boasts the following area of specialties:
- Development Software
- Digital Content and Entertainment System
- Financial Technology (FinTech)
- Cryptocurrency Exchanges
This privately held company is headquartered in San Francisco, California and is officially approved by Singapore’s Accounting and Corporate Regulatory Authority (ACRA) and is supervised by Singapore’s corporate laws. This is the internet company that is responsible for establishing the cryptocurrency project – the TRON Block Explorer.
TRON (TRX) Technical Features
The TRON (TRX) is entitled as one of the biggest blockchain technology – based operating system (OS) across the globe. The cryptocurrency project’s mechanism is based on economic stimulation of content development and monetization or incentives in an encrypted manner. This cryptocurrency platform boasts the following technical features:
- High Throughput
- Reliable Network Structure
- TRON Node
- TRON Network Incentive Mechanism
TRON Tronix Token (TRX)
TRON’s cryptocurrency token is called Tronix (TRX), an Ethereum–based token. This utility token is utilized to facilitate data and information sharing in the TRON ecosystem. For instance, a user might send Tronix (TRX) tokens to a video publisher to gain access to their latest content statement.
AThe internet in China seems notably different from that of the Western world, as is the application of cryptocurrencies and digital assets. It’s certainly worth time to try to get those differences if you are considering investing in TRON’s Tronix tokens.
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