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TRON (TRX) is a decentralized cryptocurrency and blockchain platform created to build a free internet and develop decentralized applications (dApps). Launched in 2017 under the leadership of Justin Sun, TRON aims to provide users with fast and low-cost transactions, as well as tools for creating digital content without intermediaries.
In this article you will learn what TRON is, how its blockchain works, what its features, advantages and disadvantages are compared to Bitcoin, and you will also receive a step-by-step guide on how to buy and use TRX.
What is TRON (TRX): Advantages and Disadvantages
TRON (TRX) is a blockchain platform focused on high throughput, scalability, and developer-friendliness. The project officially launched in 2017 and has since become one of the largest ecosystems for dApps, DeFi, and NFTs. Its key mission is to provide content creators with the ability to directly interact with their audience without intermediaries.
TRON uses the Delegated Proof-of-Stake (DPoS) consensus algorithm, which ensures fast transaction processing with minimal fees.
TRON has the following advantages:
- High speed. The network processes up to 2,000 transactions per second, which is significantly faster than Bitcoin or Ethereum (before switching to PoS).
- Low fees. Transactions on the TRON network are almost free, making it convenient for mass adoption.
- Developed ecosystem. TRON actively supports the growth of DeFi, NFT projects, and decentralized applications.
But TRON also has disadvantages:
- Centralization. The DPoS algorithm makes the network more vulnerable to the influence of large validators.
- Reputational risks. Justin Sun is often criticized for aggressive marketing and controversial decisions.
- Competition. TRON faces pressure from Solana, Ethereum, BNB Chain, and other platforms.
Differences Between TRON and Bitcoin
Although both cryptocurrencies can be used for transferring funds, TRON and Bitcoin have fundamental differences:
- Consensus algorithm. Bitcoin runs on Proof-of-Work, while TRON uses Delegated Proof-of-Stake, making it faster and cheaper.
- Purpose and mission. Bitcoin was designed as “digital gold,” whereas TRON is an ecosystem for applications and digital content.
- Throughput. TRON processes thousands of transactions per second, while Bitcoin is limited to around 7 transactions.
How to Buy and Use TRON (TRX)
You can buy TRX in several ways:
- Exchangers. TRX is available through popular exchangers. To buy, specify the exchange direction and your TRX wallet address. It’s convenient to use monitoring platforms like Bestchange.ru, Kurs.expert, and Bitcoinmarket.global.
- Exchanges. TRX is traded on most major exchanges, including Binance, Bybit, and Kraken.
Popular wallets and platforms for storing TRON:
- TRX wallets: Trust Wallet, Exodus, Atomic Wallet, Coinomi, as well as the official wallet TronLink.
- Crypto exchanges: Binance, Bybit, Kraken.
- Hardware wallets: Ledger, Trezor.
Conclusion
TRON is a powerful blockchain platform focused on fast transactions, low fees, and digital content development. Thanks to DPoS, its developed ecosystem, and developer accessibility, TRON holds an important place in the crypto industry.
In this article, we explored what TRON is, its strengths and weaknesses, and ways to buy and store it. Despite criticism and competition, the project continues to grow and can be of interest to both investors and users.
If you already use TRX – share your experience in the comments! And if you still have questions – feel free to ask, we’re always happy to help.
Thank you for your attention, and may your investments in TRON be successful!
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