TRX TRON Prices, Charts and Graphs | Coinread
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TRONTRX#24

$0.10
3.43% ($0.003, 24H)
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  • Market Cap$7,424,594,619
  • Volume (24H)$1,487,618,755
  • Circulating Supply71,659,657,369
  • Max Supply100,850,743,812
  • High (24H)$0.10
  • Low (24H)$0.099
  • Change (1H)1.78%
  • Change (7D)9.65%
  • Change (1M)10.64%
  • Change (1Y)280.52%

Founded in 2017 by Justin Sun, TRON (TRX) was originally created as an Ethereum token before migrating to its own network in 2018. The so-called TRON Protocol describes the platform’s versatile architecture, which allows developers to build smart contracts and DApps. Meanwhile, users can store and own data as well as publishing it directly to the platform; seeking to disrupt entertainment and consumer markets with blockchain technology, the company explains that ‘On TRON, content is owned by content creators, artists, and scriptwriters rather than the capitalists who consume them.’ Focusing on profound scalability, TRON’s high-throughput processes transactions with exceptional speed and reliability. Based on a Proof-of-stake system, 27 ‘super representatives’ are chosen every six hours to validate the blockchain’s transactions for a reward of 32 TRX per block. Users can participate by running various nodes, while ‘TRON Power’ matches stakes with network resources to keep the platform running.

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