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TRON (TRX) is a decentralized blockchain-based platform that was developed by the Tron Foundation and launched in 2017. It was initially created with the intention of providing full ownership rights to creators of digital content. The platform supports smart contracts, various types of blockchain systems, and decentralized applications, also known as dApps. TRON aims to create a decentralized Internet and serves as a tool for developers to create dApps, offering an alternative to Ethereum. The platform uses a transaction model similar to Bitcoin (BTC), with transactions taking place in a public ledger where users can track the history of operations.

TRON operates using a unique consensus mechanism known as delegated proof-of-stake. TRX owners can freeze their cryptocurrency to gain Tron Power, which allows them to vote for "super representatives" who serve as block producers. These block producers receive TRX rewards for verifying transactions, and these rewards are then distributed among the people who voted for them. This approach aims to help the TRON blockchain achieve higher levels of throughput. The platform also supports the creation of coins by content creators, which can be used in their own developed applications. Furthermore, TRON carries out decentralized games on the network, allowing players to encourage and reward creators with digital assets directly.

TRON has positioned itself as an environment where content creators can connect with their audiences directly. By eliminating centralized platforms, it aims to reduce the commission lost to middlemen, potentially making content less expensive for consumers. The platform also allows anyone to create dApps on the TRON network, offer content, and receive digital assets as compensation for their efforts. This makes TRON particularly useful for content creators and developers. Additionally, TRON's ability to process a high number of transactions per second without fees makes it suitable for daily use.

TRON was founded by Justin Sun, who now serves as CEO. Sun was educated at Peking University and the University of Pennsylvania, and he was recognized by Forbes Asia in its 30 Under 30 series for entrepreneurs. TRON was initially based on Ethereum's ERC-20 tokens, but a year after its launch, the tokens were moved to their own network. Since its inception, TRON has aimed to provide full ownership rights to creators of digital content. In 2018, TRON made a significant acquisition of the file sharing service BitTorrent, further expanding its focus on content sharing and entertainment.