Tron (TRX)

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Tron (TRX) is a decentralized blockchain platform that aims to build a free, global digital content entertainment system. It was created in 2017 by the Tron Foundation and uses a unique consensus algorithm called Delegated Proof of Stake (DPoS), which allows for high-throughput and low-latency transactions. Tron’s mission is to enable users to freely publish, store and own data, while providing a platform for the development of decentralized applications (dApps) and decentralized finance (DeFi) projects.

The platform has its own native token, TRX, which is used to pay for transactions and to vote for the 27 Super Representatives, who are responsible for maintaining the network and making important decisions for the community. Tron has been gaining popularity among developers and projects due to its high-performance and low-cost attributes, positioning itself as a next-generation blockchain platform for dApps and DeFi projects.