How it works Tron (TRX) is a decentralized blockchain-based protocol that allows users to share digital content in a peer-to-peer fashion. The platform works similar to a distributed ledger, where data is stored on the blockchain and is immutable. The platform is powered by its native cryptocurrency, Tronix (TRX), which is used to power the platform’s operations. The platform runs on a delegated Proof-of-Stake (DPoS) consensus mechanism and is designed to support smart contracts, DApps, and Defi protocols. Tron provides an array of developer tools for the creation of DApps, and its network is secured by a network of nodes.
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Author: NixCoin