What is TRON?

TRON is a blockchain-based decentralised platform designed to build a free, global digital content entertainment system with distributed storage technology. Launched by the TRON Foundation in 2017, TRON aims to enable easy and cost-effective sharing of digital content. It integrates a peer-to-peer network technology that allows creators to publish, store, and own data without the mediation of central authorities. Underpinning TRON's functionality is the TRONIX (TRX) cryptocurrency, used as the basic unit of accounts in the network and required for all transactions. The platform supports smart contracts, dApps, and has its unique token standards known as TRC-10,TRC-20, akin to Ethereum's ERC-20, and TRC-721 akin to ERC-721. Tron has become the number 1 network to transfer USDT (TRC-20) with low fee.

What can you do with TRON?

• Peer-to-peer content distribution and payment without intermediary services.
• Creation and execution of smart contracts for decentralised applications (dApps).
• Digital assets issuance through TRC-10 and TRC-20 token standards for ICOs and crowdfunding.
• Cheaper network for transacting stable coins such as USDT.
• NFT issuance and marketplace trading of TRC-721 token standard NFTs
• Developers can deploy and interact with smart contracts using the energy-efficient TRON Virtual Machine (TVM).
• Users can take part in governance through the Delegated Proof of Stake (DPoS) consensus mechanism by voting for Super Representatives (SRs).
• TRX can be staked or frozen to receive TRON Power, enabling users to vote on network decisions and earn rewards.
• Integration with BitTorrent to incentivize file sharing with cryptocurrency rewards.
• Decentralised finance applications for lending, borrowing, and asset management.
• Creation of decentralised autonomous organisations (DAOs) where stakeholders can vote on community decisions.
• A platform for gaming dApps, where developers can create and publish online games with TRX as an in-game currency.

Frequently Asked Questions

What is Tron?

Tron is a decentralised blockchain network, known for its high speed and low-fee transactions. It is part of the smart contract category and is managed by the Tron Foundation.

Who founded Tron?

Tron was founded by Justin Sun back in 2017.

How many USDT holders are on Tron?

USDT holders on Tron stand at 68 million as of August 2025. Its low transaction fees and fast settlement make it attractive for stablecoin transfers.

Is it possible to mine Tron?

No, it is not possible to mine Tron directly.

How does Tron generate revenue?

Tron generates revenue mainly from transaction fees, DeFi activities and stablecoin transfers. Tron’s revenue in the past year stands at $3.5 billion, the highest among all L1s.