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What is TRON (TRX)?

TRON is a blockchain-based project that is held to high standards and aims to make the internet decentralized. This open source cryptocurrency project was launched in the fourth quarter by a Singapore-based Tron Foundation, a non-profit organization. This ambitious project was founded and managed by Justin Sun, currently serving as CEO, and also has a dedicated company development team that includes the famous technology stalwarts. TRON's network was temporarily published on the Ethereum blockchain in 2017, then they moved to their own blockchain and published TRON's open source protocol in 2018. TRON Protocol is one of the most widely used blockchain-based operating systems in the world. It offers public blockchain support with high reliability, high scalability and low cost. The main goal of developers is to create a free, global digital content entertainment system with distributed storage technology that enables easy and low cost sharing of digital content.

Pros and Cons of TRON Crypto Money

Pros

TRON has many features such as peer-to-peer transactions, reconciliation mechanisms, smart contract protocol, supporting money exchange for gambling and gaming, and flexibility in blockchain applications. In addition to supporting game currencies in its ecosystem, TRON's technical solutions can broaden its scalability to a large extent as it supports a large number of employee applications that have a significant entertainment content in its network. All of these can bring a large user base in the future. TRON's block chain has a high efficiency as it can process over 2000 transactions per second, which exceed the Bitcoin and Ethereum capability to a reasonable degree for daily use. TRON has been largely activated and supported by well-known Asian businessmen such as Yin Mingshan (CEO of industry giant Lifan), Tang Binseng (creator of the "Clash of Kings" game) and others. This may be a sign of serious belief in the project's expectations.

Cons

Many people criticized the TRON team for being overly ambitious. For example, 10-year planned road maps raise some doubts, it is not clear how they should travel to reach all of their goals. TRON TRX price may be affected by TRX TRON news, scandal related TRX events or rumors. This happened when some of the people who came to TRON's office in Beijing claimed that TRON was included in the fraudulent plan called Wave Field Super. They claim that the Wave Field Superwas project is covered by the TRON brand, then they explain that TRON's official representatives are reckless because they have not refuted these rumors for a long time. However, Justin Sun later announced that TRON had nothing to do with this scam project and was ready to help the police catch the criminals.

How to Mine a TRON?

Inspiration for the TRON project came mainly from the disadvantages of venture capital capitalism. It is therefore designed to provide cryptocurrency mining covered by both finance and technology to bona fide candidates. Equipped with feasible tools, the platform has a team of developers, miners, and investors to make emerging ideas a reality. Positron technology is used for mining TRX coins. It enters the codebase to enable Darksend and Masternodes to make mining transitions smoother and more effective than ever.

 

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