For those who already have time in the world of cryptocurrencies, TRON sounds like something familiar. For others, however, it may not be entirely clear what their goal is or how it works. That’s why we bring you this article on how the TRON blockchain works.
Some initial information
Tron is a blockchain-based decentralized platform that aims to build a free, global entertainment system for digital content. Accordingly, they try to do this by using distributed storage technology and thus sharing digital content easily and inexpensively.
Tron was founded in September 2017 by a Singapore-based non-profit organization called the Tron Foundation. It is headed by CEO Justin Sun and has an internal development team that includes renowned technology experts.
Tron’s blockchain: a close look
The TRON blockchain works through the peer-to-peer system (P2P) as the company tries to bridge the gap between content creators and content consumers by eliminating the intermediary.
The result is a general cost reduction for the consumer and better collection through direct revenue to the content producer, which offers a win-win situation.
Tron has already surpassed Bitcoin and Ethereum and is the world’s first intelligent blockchain protocol with more than 10 million users. The TRON protocol, one of the largest blockchain-based operating systems in the world, offers scalability and high availability, among other things.
Why use the P2P system?
In a P2P network, users’ computers or devices connect and communicate with each other without using a central server. In this way, they use, optimize and manage the capacity of the network. As a result, they can use the best route among all the computers that make them up, and therefore TRON BitTorrent uses this modality.
Despite the many benefits of P2P networks, these types of programs have become more popular as they can share copyrighted files or content such as music, video, or software.
However, these in themselves are not illegal. What is considered illegal in many countries is the websites where the download links are provided. The controversy and debate is still present despite the arguments that platforms such as TRON’s BitTorrent defend.
If you want to learn more about TRON, you can go to the official website here. However, if you want to learn more about the Tronix or TRX cryptocurrency, we leave this article here so you can learn more about it.