Tag: Tron (TRX) News

TRON, working with a decentralized web platform, aims to revolutionize the entertainment industry by enabling content creators to connect with consumers and sell their products directly.

Tron was created by Chinese tech entrepreneur Justin Sun. TRON Foundation raised $70 million through an initial coin offering (ICO) in 2017. TRON launched its testnet and mainnet in March 2018, transitioning to its blockchain three months later.

In 2018, the TRON Foundation acquired BitTorrent, a peer-to-peer file-sharing company, to expand its protocol and incentivize its use. TRON aims to be the most flexible blockchain platform for smart contracts, with the TRON Virtual Machine (TVM) compatible with the Ethereum Virtual Machine (EVM).

Tron platform also makes inroads into decentralized finance with the JUST Network, an offshoot offering smart contract-based financial projects. To get the latest news about the Tron, read from CryptoTale.

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