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Tron Foundation

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A decentralized content entertainment protocol based on blockchain technology

TRON Foundation is the developer of the TRON Network. It is directed by Justin Sun, CEO, and has a dedicated in-house development team which includes renowned names in technology. TRON itself is a decentralized blockchain-based network that seeks to create an open, universal digital content entertainment infrastructure through distributed storage technologies, allowing digital information to be accessed quickly and cost-effectively.

Its mainnet was launched on May 31st, 2018, using a Delegated Proof-of-Stake mechanism in which 27 Super Representatives rotate every 6 hours to validate blocks and transactions. TRON blockchain supports smart contracts written in Solidity and compiled on the TRON Virtual Machine (TVM). TRON blockchain also supports tokens transactions, where users can use TRC tokens like BTT Token and USD Tether (USDT) on the platform.

Categories

Blockchains, Cryptocurrencies

Location

Singapore, Singapore

Year founded

2011