TRON is among the most widely utilized public blockchains, boasting 100 million users and over 3.4 billion transactions to date. The network is focused on decentralizing content sharing and laying the groundwork for future Web3 platforms.
Initially launched as a platform for decentralized content distribution, TRON has broadened its functionality to become a major hub for decentralized applications (dApps). Its ecosystem includes several initiatives to enhance scalability and adoption, such as the Sun Network dApp sidechain.
The TRON network offers a diverse range of features, including dApps, smart contracts, and a delegated proof-of-stake (DPoS) consensus mechanism, as well as capabilities for stablecoin issuance. As of early 2021, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoins, surpassing the Ethereum network.
TRON is governed as a fully decentralized project through a community-based decentralized autonomous organization (DAO). It operates the TRON Virtual Machine (TVM), a Turing-complete system that supports interoperability with the TRON TRC-20 token standard. The native token of the network is TRX.
