Dapps use intelligent contracts to connect to the specific blockchain on which they are based. Today, however, we hear that dapps are connected to the blockchain, as most of the startups in the future have decentralized software designed to use the native technological functions to build a foundation for their applications. Let’s look at the performance of TRON or Tronix ( TRX ), a proprietary cryptocurrency.
Trx (the native token of TRON Blockchain) started as an ERC – 20 coins on the Ethereum network, but when the Tron network started in June 2018, the ERC-20 coins were replaced to the TRX coin at a rate of 1:1. Tron TRX is one of its many efforts to take advantage of the peer – to – peer nature of modern networks to enable content creators and distributors to access their consumers directly.
Tronix ( TRX) is the official currency of TRON, which aims to be a decentralized platform for the exchange of entertainment content, which ultimately uses blockchain and peer – to – peer network technologies ( p2p ). Tron’s open, decentralized platform and distributed storage technology enable digital content creators to cut out intermediaries such as the Apple Store and Google Play Store.
Keeping TRX is the easiest way to get involved from the start, and being a TRX holder gives you certain privileges, such as being able to engage with dapp on the Tron network, vote on delegates and propose changes to the Tron protocol.
Developers looking for a presence on the Tron blockchain will also discover a multitude of resources at their disposal. Ambitious developers who want to build their next app on the Tron blockchain have a lot of resources at their disposal.
Tron focuses on expanding the digital application market for digital content, facilitating their creation and implementation. The adoption of blockchain technology is partly limited due to the difficulty of many developers learning to build completely new protocols from scratch. Tron is designed to facilitate the transition, thereby speeding up the decentralization of existing platforms and the creation of new dapps. According to TRON’s whitepaper, the only purpose of such cryptocurrency is to become an asset for humanity rather than become a tool for profit for cryptocurrency traders. Tron integrates a peer-to-peer blockchain technology, which means that, like other cryptocurrencies, it can eliminate the intermediary.
In other words, Tron focuses on using its cutting – edge blockchain technology as a substructure to develop a global market that will include entertainment, media and all kinds of content, except that it will be 100 percent decentralized.
Interested traders have access to TRX in exchanges such as Binance, where they can exchange them for bitcoin or Ethereum