- Description and information about Crypto Currency Tron
- Where and how to start investing in Tron Crypto Currency?
- Reviews for Tron Crypto Currency. What do they write in the forum and in the press?
- Where and how to buy Tron? What Stock Exchange will be the best?
- Where to look up the exchange rate of Tron (TRX)? Reliable sources
As the Internet continues to develop and grow in popularity, an increasingly nervously discussed issue is the perspective and methodology for censoring it. The Internet is the most liberal enterprise of our century, although it has a looming cloud over it of a monopoly directed by a conglomerate of the biggest corporations controlling major flow of information.
On one hand – there is no shortage of petitions, controversies and voices from Internet users wishing to uphold the freedoms that currently dominate on the Internet in a condition loaded with as little restrictions as possible. On the other hand, unfortunately, there is no shortage of experts claiming that it’s only a matter of time before techniques and regulations are developed for controlling the flow of content on the Internet. On the opposite end of looking at the future of the Internet, an idea was born for the Tron platform, an ecosystem that would be immune to attempts of censorship and control, decentralized and enabling free access to Internet contents.
Description and information about Crypto Currency Tron
One of the most innovative, while at the same time being a source of controversy, cryptocurrency projects is Tron TRX, also known under the name Tronix. This project was initiated by an individual who is well known in the world of the Internet – Justina Sun, one of the developers of the Ripple cryptocurrency and the owner of the PEIWO messenger.
The idea behind Tron is to create an alternative to the modern Internet network – its decentralized and free variation called Internet 3.0. Said network is intended to make it possible to connect content creators directly with their consumers, thus eliminating all middlemen that are currently present on the communication path between them. What is more, basing this ecosystem on the blockchain concept is meant to make it fully immune to attempts to impose censorship on the contents located there. In this exact context there’s a room for the Tron (TRX) cryptocurrency – it is envisioned as a payment method in the Internet 3.0 project, intended for convenient, instant and free exchange of values within it.
This cryptocurrency was created using the base of Ethereum, another popular digital coin, and as a result – Tron (TRX) is also based on the blockchain concept. The whole process of using this currency is contained and operates entirely within the network. When it comes to it, the buyers, investors and users of the currency will meet a system of sharing the resources of their computers for the purposes of collecting it, already well-known from other cryptocurrencies. Unlike other cryptocurrencies, though, Tron (TRX) is not intended for mining, which makes a drastic, practical difference. The cryptocurrency’s distribution will be based on the transactions being approved by so-called delegates – Super Representatives, and not by miners.
Where and how to start investing in Tron Crypto Currency?
To start investing in and using Tron, one has to open an account verified by confirming the authenticity of the data provided. This process may take from a few minutes, when using the option of presenting documents over videochat, to a few weeks. Then, operating from an open account, it is possible to make a simple purchase using money transfer as a payment.
Reviews for Tron Crypto Currency. What do they write in the forum and in the press?
A revolutionary premise in the Tron platform is the ability to utilize its resources under a so-called “smart contract”, which will enable creators to publish without the costs charged by monopolists administrating over other major platforms, who lead the way.
The Tron project is also connected to controversies. They arise from the elements of the source code and the documentation being identical to other projects. Similarities have been discovered with aspects of Filecoin, IPFS or Ethereum. This has undermined the belief in innovativeness of Tron, casting doubts over its innovative value.
It is worth noting, though, that despite these PR slip-ups, the TRX project is currently one of the most popular and highest valued projects in the world of cryptocurrencies. Its current capitalization amounts to more than 1.7 billion dollars, which constitutes the eleventh spot in the current ranking by the CoinMarketCap website. This is an impressive result, especially taking into account the fact that the Tron project is still in a relatively early stage of development.
The most attention and enthusiasm is given to the Tron vision in South Korea, where the quotes for Tron (TRX) are the highest, in a tie with with the local Korean won.
Where and how to buy Tron? What Stock Exchange will be the best?
The main source and distribution center for the Tron (TRX) currency will be cryptocurrency exchanges, although the plans for the future predict the possibility of doing this using a relevant app. The Tron cryptocurrency already has its dedicated wallet today called Tron Wallet, a plugin for the popular Chrome browser and mobile apps for the most popular smartphone platforms. The resources will also be distributed in another form – as a remuneration for the number of downloads for the files shared or victories in online gaming systems.
When it comes to the ability to buy units of this currency today, on the other hand, it is also made possible by such big and famous exchanges as Binance, Bittrex or OKEx. The number of exchanges that have the option of buying TRX in their offer amounts to dozens.
Where to look up the exchange rate of Tron (TRX)? Reliable sources
Most transactions performed using Tron take place on the Binance and Luqui exchanges, reaching 95 percent of the entire pool. For that reason, they constitute reliable sources of its exchange rates and values.