Home web3.0 Tron coin release time

Tron coin release time

Apr 24, 2024 am 11:18 AM
TRON

TRON was issued on September 4, 2017 and was founded by Justin Sun to build a decentralized entertainment ecosystem that allows users to create and store content and receive rewards by participating in the platform. It features high throughput, low transaction fees, smart contract support, and decentralization. Its main uses include content rewards, paying transaction fees and participating in network governance.

Tron coin release time

Tron Coin Release Time

Tron Coin (TRX) was released on September 4, 2017 Officially released on .

Background

TRON was founded by Justin Sun to build a decentralized content entertainment ecosystem. The TRON network allows users to create and store content, and incentivizes them to earn rewards for participating in the platform.

Circulation

The initial supply of TRON coins is 100 billion, of which 70 billion are sold through the Initial Coin Offering (ICO). The remaining 30 billion are held by the Tron Foundation and the founder team.

Features

Tron coin has the following features:

    ##High throughput:
  • Can handle thousands of transactions transactions per second.
  • Low Transaction Fees:
  • Fees are typically less than 1 cent per transaction.
  • Smart contract support:
  • Allows developers to build and deploy decentralized applications.
  • Decentralization:
  • Based on distributed ledger technology and not controlled by any central organization.
Uses

TRON coins are mainly used for the following purposes:

    Content rewards:
  • Incentives Users create and share content.
  • Transaction Fee:
  • Pay the transaction fee on the network.
  • Governance:
  • Token holders can participate in platform governance and vote to determine the development direction of the network.

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