[cryptocurrency series] TRON

There are over 1,600 cryptocurrencies in the market, which dazzles investors. Coinsnetwork will introduce the top 20 cryptocurrencies in the market with the highest market value, so that everyone can understand the assets of this new era.

The Main Founder: Justin Sun

Founded: 2017 White Paper

Main Network Launch: May 31, 2018

Issue Size: 100 billion TRX

Introduction:

TRON is a blockchain-based decentralized entertainment content sharing platform eventually leveraging blockchain and peer-to-peer (p2p) network technology. The Tronix (transaction code: TRX) is circulated in the system as the official currency of TRON.

TRON hopes to establish a decentralized platform, characterized by free data where users can freely exchange text and images on the platform. Users can also use the infrastructure on the platform to create their own cryptocurrency. For TRON, it is expected that the entire system will take 8-10 years to complete and involve six steps.

There has been some controversy surrounding TRON, earlier this year it was accused of plagiarizing its white paper. Nevertheless, it’s made news in positive ways too, such as their announcement of acquiring BitTorrent.