Launched in 2017 by the TRON Foundation and its founder Justin Sun, Tron (TRX) is a high-throughput blockchain platform dedicated to building a decentralized internet and content-sharing ecosystem. Originally issued as an Ethereum token, it migrated to its own independent mainnet in 2018, utilizing a Delegated Proof-of-Stake (DPoS) consensus mechanism where token holders vote for 27 Super Representatives to validate transactions. The network is renowned for its low costs and high speeds, making it the world's most popular transport layer for the Tether (USDT) stablecoin, often surpassing Ethereum in daily transaction volume. To manage network fees, Tron employs a unique resource model where users can freeze their TRX to obtain Bandwidth and Energy, effectively allowing them to transact for free if they hold enough tokens.
