TRX Tron News – Everything you need to know about the controversial cryptocurrency as well as the Bitorrent (BTT) news for 2019.
A lot of people see Tron as all hype with no real substance. But is that true?
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Tron (TRX) is a project dedicated to decentralizing the web it can be best described as a decentralized combination of Netflix, Youtube and the App store.
TRON are aiming to create an entertainment platform that allows content creators full control over their content. They plan to accomplish this by cutting out the giant corporate “middle men” and putting all the profit earning potential back into the content creator’s hands.
You cannot talk about Tron without mentioning their controversial founder – Justin Sun. He was personally invited to become one of the first students of Hupan University. A university that was founded by Chinese business magnate Jack Ma (Alibaba).
The BitTorrent Foundation, has issued a new BitTorrent Token (BTT) that will run on the Tron protocol. BitTorrent already has 100 million users, which will essentially jump start Tron’s ecosystem. Their goal is to convert all the 100 million monthly users of BitTorrent into cryptocurrency users.
Unlike many blockchain projects, TRON has already introduced a fully functioning product and has more than 100 Dapps. Tron has achieved the high throughput of 2,000 TPS compared to the current 25 TPS of Ethereum.
As more content is listed on the TRON platform and users convert to the platform, the demand for the token will increase and the price should technically follow.
TRON supports various kinds of blockchain networks and smart contract systems including Bitcoin, Ethereum, and many more. This provides developers with multi-protocol infrastructure for entertainment app development.
#TRX #TRON #Cryptocurrency #Altcoins