Concept. October 25, 2021. What is Tron and its Token TRX?

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Tron is a blockchain, which its purpose is to decentralize the content creation and distribution industry.

The Tron network features a number of cryptocurrencies. These are BitTorrent Token (BTT), JST, and a TRC-20 based version of the Tether (USDT) stablecoin. In addition it uses its main token TRX

Tron uses the Proof of Stake consensus algorithm to approve the blocks (rewarding with TRX), it has an NFT platform, and an ecosystem of Dapps

The Tron Virtual Machine (TVM) is responsible for executing smart contracts. It uses a three-layer structure: a storage layer, an application layer, and a core layer.

For further information, read this article

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