TRON (TRX)

TRON (TRX) widget

ICO date: 07.09.2017 - 08.09.2017
Industry: Events & Entertainment
Description:

TRON protocol is the blockchain’s entertainment system of free content, in which TRX, TRON’s coin, is circulated. Its native economic system enables an one-on-one interaction between providers of digital entertainment content and users. 

Features:

The TRON mechanism is based on economic stimulation of content development and monetization of the content in an encrypted manner. TRON only allows the users who involve themselves in the periodic unfreezing of TRX (TRON’s coin)to cast a vote on the platform’s ecological management and decision-making.

“TRON node” is the program that can locate, release and copy MerleDAG. TRON network adopts node identification based on PKI (Public Key Infrastructure); the node is shown as NodeId, which is the Ciphertext Hash of Public Key. Node will store its public and private keys (private key will be protected by password). TRON users can freely establish and initiate a “new” node in every boot, which will deprive the network the profit achieved from former node running. The system has an incentive mechanism to make users maintain the same node. 

Tron Foundation’s establishment was approved by Singapore’s Accounting and Corporate Regulatory Authority (ACRA) and is supervised by Singapore’s corporate law.

Website: tronlab.com
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
High 3.1 / 5.0
Risk score
Medium

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See also