Question 1

What is the current price of TRON (TRX)?

Accepted Answer

As of now, the current price of TRON (TRX) is LTC 0.00635123. It has decreased by -0.78% in the past 24 hours, and the current market volume is 7.8M. Remember to always check live price updates as the crypto market is known for its volatility.

Question 2

What exactly is TRON (TRX)?

Accepted Answer

TRON (TRX) is a blockchain based decentralized operating system with a mission of creating a decentralized internet. It strives to provide high scalability, high availability, and high throughput computing to serve decentralized applications (dapps) via smart contracts. An interesting aspect of TRON is that Ethereum EVM-based smart contracts can be compatible and deployed on its network. This means that developers familiar with Solidity don't have to rewrite their applications.

Question 3

Who are the creators of TRON?

Accepted Answer

The TRON network does not publicly list its creators or team, emphasizing instead its decentralized nature. The protocol operates without reliance on proof of work or mining and is governed by nodes located around the world.

Question 4

Why was TRON created?

Accepted Answer

TRON was created mainly to cater for dapps that require high-speed transactions, particularly games. It offers a platform where a number of tokens can be issued and traded on decentralized exchanges like TRX.market. Another important reason for its creation was to provide a protocol where Ethereum EVM-based smart contracts could be deployed without rewriting the applications.

Question 5

How does TRON work?

Accepted Answer

TRON protocol offers a blockchain where high speed, high scalability, and high availability are offered for all decentralized apps built on it. Developers can build and execute smart contracts on the TRON blockchain, similar to the way they would on Ethereum.

Question 6

What Makes TRON Unique?

Accepted Answer

TRON's unique selling point is its high-speed transactions which are ideal for decentralized games. Furthermore, it is an environment that encourages the issuance and trading of tokens, thereby encouraging more diverse applications to be built on the blockchain.

Question 7

How Much TRON (TRX) Is in Circulation?

Accepted Answer

As of the time of writing, the circulating supply of TRON (TRX) is 94.9B, out of a total supply of 94.9B. Keep in mind that these numbers can change as the protocol continues to develop and evolve.

Question 8

Where can I buy TRON (TRX)?

Accepted Answer

TRON (TRX) can be purchased on the Binance, KuCoin, Binance US, Kraken. Remember, it's crucial to use trusted exchanges and follow best practices to ensure your crypto assets are safe.

Question 9

How was TRON associated with BitTorrent?

Accepted Answer

On July 24th 2018, TRON acquired BitTorrent, one of the largest P2P file sharing protocols. Following this acquisition, BitTorrent Token (BTT) was launched as the cryptocurrency to power the economics within the BitTorrent network. The introduction of this token aimed to incentivize file sharing and storage within the network. This helped to expand TRON's ecosystem beyond its original scope, demonstrating its commitment to building a decentralized Internet.

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