TRX is the native token of Tron, launched in 2017 on its own blockchain, designed for smart contracts, dApps, and fast, low-cost digital asset transfers.
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Currency TRON
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Full Name: Tron (TRX)
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Launch Year: September 2017
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Creator: Justin Sun
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Blockchain: Independent Tron blockchain
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Key Features:
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Focused on high scalability and fast transactions
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Consensus mechanism: Delegated Proof of Stake (DPoS) for speed and low fees
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Supports smart contracts and decentralized applications (dApps)
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Initial total supply around 100 billion TRX
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Use Cases:
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Running smart contracts and dApps
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Fast, low-cost digital asset transfers
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DeFi and NFT projects on Tron
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Foundation for TRC-20 tokens (similar to ERC-20 on Ethereum)
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