TRON NETWORK: 9 Reasons You Should Hold TRON Blockchain Project


TRON CRYPTO BLOCKCHAIN PROJECT NETWORK

Being a unique crypto project in its own way, the TRON cryptocurrency network is an open source but powerful Chinese smart contract platform connecting entertainment content creators with viewers.

What is unique about TRON is that the connection it created is without middlemen like what we see in Google, Amazon, Alibaba and Apple, and even more.

And the most interesting part?

It terms of collaboration, TRON supports other Blockchains like Bitcoin, and it terms of freedom, the consumers get to choose where to distribute their data, subscription and etc.

And even more, with Tron, high throughput is achieved by improving the TPS in TRON, which has surpassed Bitcoin and Ethereum, to a daily-use practical degree.

And also, applications are given a wider variety of ways to be deployed in TRON because of its scalability and highly effective smart contract. It can support enormous numbers of users.

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Let’s go on.

Understanding the TRON Crypto & Blockchain Network

By all means, TRON is attempting with every breath they’ve got to take the internet back from these companies by constructing a free content entertainment system.

In the future, TRON believes that its smart contract developers can use almost any high-level

Tron plans to provide compilers and plug-ins for these languages to compile high-level languages into the instruction sets supported by

The question is, will all these be possible? Well, what on earth has ever been impossible if I may question the latter lines?


 The Top Benefits of Tron Network

TRON content provides the following security, extensibility and privacy features:

1. The architecture itself provides elastic extensions, and no single company, government or organization can close it.

2. The distributed user registration mechanism is as secure as Bitcoin transactions, providing non-centralized content authentication.


Tron’s WHITEPAPER & 9 Reasons You Should Hold TRON Blockchain Project

Through the use of many existing mature technologies, TRON, as a new content platform will provide security, scalability, and privacy, and simultaneously allows the participants to actively contribute to the processing capacity of their machine to build a user registration network.

 

#2. UTXO Dynamics

As it stands, in the UTXO model, it is possible to transparently trace back the history of each transaction through the public ledger.

The UTXO model has parallel processing capability to initialize transactions among multiple addresses indicating the extensibility.


So, the target of TRON is based on smart contracts.

Compared with the UTXO model, Ethereum is an account based system. In Ethereum, balance management resembles a bank account in the real world

TRON considers the Ethereum account model to be a scalability bottleneck.

Therefore, the aim of TRON is to build the blockchain based on the UTXO model and abstract the concept of the account, making it more intuitive understanding of the real world.

 

#3. TRON’s Smart contract System

In order to keep with the advantages of certainty, termination, and lightweight of virtual machines and the language flexibility of container programming, TRON is poised to develop the TRON Virtual Machine as an execution environment for its smart contracts in the future.

Not just that.

Because TRON’s virtual machine data manipulation instructions are directly to the array and complex data structures to provide support, these will enhance the operational performance of TRON smart contracts.

More so, the TRON Network plans to charge for the operation and storage of tokens and smart contracts to achieve economic incentives to book-keeping persons and to prevent the abuse of resources.


#4. TRON’S Consensus

The TRON’s consensus aims to adopt a three-step strategy.

The first step is to adopt a Kafka-based technology system to implement a centralized consensus algorithm.

The purpose of TRON is to achieve system joint debugging and functional integration.

This step gradually improves the functions of network and distribution and lays the foundation for the eventual realization of a wide distribution with no logical center

The third step is to realize the Consensus mechanism of PoS and realize the Byzantine Fault Tolerant Consensus based on the "Margin Mechanism + Epoch Confirmation" and the compatibility consensus between PoS and PoW.

 

#5. TRON’S Block Swap System

TRON’s block swap layer is responsible for data transmission coordination.

Once the nodes are aware of each other and establish connection, content-addressable blocks can be transmitted through swap agreement.

Observation: the term "swap" in this context does not refer to a swap in the sense of a financial market transaction as defined in the US Commodity Exchange Act.

It is a technical term of art dealing with the TRON platform code’s distribution of content.

The block swap layer is the interface definition, and all implementations meet or realize the interface can achieve seamless access, for instance:

Bitswap:

Unlike BitTorrent, block swapped by BitSwap is not limited to a single torrent.

BitSwap serves as a persistent market, nodes exchange blocks through BitSwap market, the node can obtain their favored block sets, and these block sets may be completely unrelated files from the file system.


Read also: What is Stellar Lumens and how to buy it.


#6. TRON’S Self-Operation of Storage Network

As we know, TRON is a centerless storage network, which turns the storage from cloud model

The market is based on blockchain and trade in virtual currency: the miner earns TRX by providing storage for clients; on the contrary, the clients spends TRX to hire miner to store and dispatch data.

Similar to Bitcoin, offered by miners, which provides a useful client-side service (unlike Bitcoin, the miners’ work is only useful for blockchain consensus) and is a strong incentive to drive miners to contribute as much storage space as possible to client-side rent.

 

7. TRONS Marketing Size By Expansion

At present, the annual scale of global entertainment market has reached thousands of billions.

And of course, the internet revolution makes it possible for entertainment experience to be globalized for the first time so as to generate numbers of entertainment giants at a level of trillions on the world.
However, factors such as fragmentation of payment settlement and an insular feature of the entertainment system, etc. have led to failures in completely releasing the potential of the global entertainment industry.

Since the 21st century, entertainment industry all over the world keeps growing at a rate of 5.6% on annual average.

Among them, output value of the American entertainment industry tops the list.

Even with the above facts, the question is,

 

a). Information and credit sharing among entertainment systems

Due to the short realization and existence cycles of the current entertainment applications and systems, a single developer cannot preserve the credit system of a user in a specific entertainment system.

Consequently, each entertainment system nearly exists like an information isolated island.

TRON network provides an effective means for user info existence and information docking between different systems in the entire entertainment market, so as to break information barriers

In this way, users will be able to substantially lower information input costs required by a particular application.

More so, the developers will realize efficient interactions in the field of user identification to reduce expenses of repeat authentication and lastly,

 

B). Token Circulation among Entertainment Systems

Taking the traditional online entertainment industries for an example, gross margins are high and volume of withdrawal and investment transactions is large.

Nevertheless, token barriers inherent in diverse entertainment systems may cause rather high extra transaction costs to users that employ diverse sub-systems/applications of a certain system; in other words, it is extremely difficult for users to stride across different systems and applications.


a). Lifestyle
there are two cores of social contacts with strangers and entertainment which are credit and user level. By sharing decentralized TRX information, social contact screening cost can be reduced unprecedentedly.

Also, by joining TRON protocol, developers and users will be able to obtain TRX tokens given by the TRON foundation as a gift.

Users praise each other one-to-one by sliding to gain tokens. Each time a user is praised, he/she will earn TRX given by the system.

The user possessing more TRX tokens has better credit and higher level of his/her entertainment behaviors.

Thus, such a user can be favored by more other high-quality users. In addition, the system also pushes users with higher scores.

Token growth limit is defined on a daily basis. And by virtue of settings, function of mutual gift presenting by sliding can be realized by RX between users.

The behavior of presenting TRX as a gift will make the corresponding user benefit from selecting more qualified and matched persons.

 

Online Live Streaming Schema

Every newly registered user is entitled to obtain TRX.

As for anchors, they should acquire tokens by being given a reward. Each time they are presented to currencies of a certain magnitude, TRX can be obtained.

As for users, they can get TRX when they present currencies of the corresponding magnitude. Anchor of a higher TRX score has a stronger performing capacity and is more popular among users.

 

Transaction among users

Users in the user transaction schema can acquire interactive services through a social network site and get TRX provided that the transaction succeeds and both parties of the transaction are satisfied.

In the case of any party is discontent or triggers reporting, TRX destruction may be incurred.

Additionally, the user can also acquire TRX when the volume of a transaction reaches a certain magnitude. Likewise, no upper limit has been exerted on the amount of TRX obtained in each day.

TRON will provide official mobile end devices for TRX, including IOS and Android

TWO is a new social networking application based on TRON protocol. By sliding left or right, users of the opposite sex are screened.

If both parties like each other simultaneously, they will be matched for real-time video chatting.

As for users, they can register for TWO at the mobile terminal to directly acquire TRX rewards and access TRX network to earn TRX by conducting social behaviors; but, they can be also punished by means of deducting their TRX due to destructive social behaviors.

Peiwo APP, also own by the founder of TRON is the largest mobile audio live streaming application and owns more than10 of millions of registered users.

The number of its monthly active users has also broken through one million and the cumulative call duration goes beyond 2 billion minutes.

In 2018, “Peiwo” will take the lead in being compatible with TRON network.

 
Related: The Fall Of Cryptocurrency & The Speculative Causes & Lies

 

Amount Raised During ICO

TRON first announced her ICO in July 2017, and by

On September

Should you find pleasure in the TRON Project which I believe you will, the volume you want to hold is up to you.

 $0.03.

 

Do you want to trade Tron crypto? Here is the beginners guide to Crypto Trading.

 

THE TRON’S TEAM

One of the exciting things about TRON is that the project is led by a renowned and known founder Justin Sun.

Justin Sun founded the largest mobile audio live streaming application, Peiwo.

That is not all. He was listed on the

And if you want to know more, Sun graduated from the university some time ago, and he is a protégé of Jack Ma, founder of Alibaba Group.

Just to note: TRON now has dual headquarters, in Beijing and San Francisco.

·Justin Sun – Founder - On Twitter

·        Haoqi Zhao - Technical Operations - On LinkedIn

·        Charles Zhang - Manager Operations - On LinkedIn

·        Lucien Chen – Developer

·        Keelson Yang - Technical Director

 

Tron communities

·        Twitter

·        Reddit

·        Facebook.

 

Finding Tron: Tron can be found on Binance Exchange. See Everything You Need To Know About Binance Exchange


Final Note

Tron is a massive project. On the latest news about it, bitcoinexchangeguide.com reported that Tron was getting ready for 4.0 while ethereum 2.0.

Do you want to invest in Tron? If yes, then see How to invest and Buy Cryptocurrencies near you.

 

And lastly, here’s how to buy cryptos from Coinbase - https://casterlycoin.com/buy-cryptocurrencies-on-coinbase/

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