What is TRON (TRX)?
TRON is a cryptocurrency that is attempting to free the internet from overbearing commercial influence. Through focusing TRON aims to re-invent the internet by avoiding fees paid by content generators to the likes of mega-corporations, which now dominate user internet experience (such as Google, Apple, Facebook and Alibaba). Users of the coin TRONIX can freely publish, store and own data. In other words, TRON aims to be a P2P version of iTunes or Google Play Store.
TRON (TRX): History
TRON launched in 2017 by Justin Sun, founder of China’s version of Snapchat, TRON describes itself as an attempt to heal the internet. Sun had previous experience in the cryptocurrency world by acting as Ripple’s lead ambassador to China. In 2017, the Singapore-based Tron Foundation was established which they describe as a ‘nonprofit organization that mainly engages in operating the TRON network in the principles of Openness, fairness, and transparency to help their cryptocurrency succeed. They also claim the foundation is in compliance with and under the supervision of the federal regulatory laws of Singapore.
How Does TRON (TRX) Work?
TRON wishes to accomplish their goal of releasing content creators from the bonds of the previously mentioned mega-corporations by building a decentralized, blockchain based version of the internet, in which all entertainment-based information is free and freely available to everybody. In a peer-to-peer (P2P) version of the internet, the users only have to rely on each other to keep the network afloat and are not beholding any third party, corporate or government influence.
How to Buy TRON (TRX)?
First of all, you need to create a TRON wallet to keep your coins safe. You can choose MyEtherWallet to store your coins which can store any coin on the Ethereum blockchain, including TRON. Then buy Ethereum by using Coinbase. Then exchange it for TRON.
TRON (TRX) Price Prediction 2018
TRX can be a profitable investment option. TRON price equal to 0.0356 USD at 2018-02-09. If you buy TRON for 100 dollars today, you will get a total of 2811.907 TRX. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-04 is 1.238 US Dollars. With a 5-year investment, the revenue is expected to be around +3380.69%. Your current $100 investment may be up to $3480.69 in 2022. TRON (TRX) price today is $0.035807 and have the current supply of 65,748,192,476 TRX. The market cap value is $2,354,252,103, and the volume is marked as $187,514,000. TRON price prediction, TRON price forecast, TRON price and news, TRX price forecast, TRX price prediction 2018, What is the price of TRON 2018.