What is TRON?
TRON (TRX) is a decentralized blockchain-based platform focused on hosting entertainment applications. It features its native crypto-currency, Tronix or TRX, which is used for transactions, governance and incentivizing network participants. TRON aims to create a global entertainment system that facilitates the profitable sharing of digital content, eliminating middlemen and enabling content creators to sell their work directly to consumers. The platform uses a delegated proof-of-stake (DPoS) consensus mechanism and supports smart contracts, decentralized applications (dApps) and tokenization. TRON boasts high throughput, scalability and low transaction fees, making it a popular alternative to Ethereum.