#2 Your Guide on The Top 100 Cryptocurrencies: TRON(TRX)

in #cryptocurrency4 years ago

Founded by Justin Sun in 2017, TRON is a decentralized blockchain based operating system on which developers create decentralized apps and smart contracts. It was initially based on Ethereum but moved to its own network TRON in 2018.

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How It Works

TRON implements a proof-of-stake process where 27 super representatives are chosen every six hours to validate a particular block which is created within three seconds and these 27 representatives receive 32 TRX as block rewards when done. There are 261 representatives as of time of writing but you can participate as a representative by running a node.

STATISTICS (JUNE 2020)

MARKET CAP = $1069995853 USD
MAX SUPPLY = 99281283754 TRX
CIRCULATING SUPPLY = 66682072191 TRX

TRON(TRX) can be traded on BINANCE, BITFINEX, BITTREX and POLONIEX with bitcoin.

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TRON is also known for zero transaction fees, a high TPS of 2000 transactions per second and high scalability.

TRON Bug Bounty

As of May 31, 2018, TRON Foundation launched TRON Bug Bounty Program with a highest reward of USD $10 million. You can read more concerning their guidelines on bug bounty at https://tron.network/findBug

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Tron is good and loved cryptocurrency. It has also a decent community.

I agree with you.