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Tron (TRX) Amount: 10000 TRX
(ID: e1fwpymwjy)

Last Bids

firstlady (auto)
$1.74
ola17 (auto)
$1.73
firstlady (auto)
$1.72
ola17 (auto)
$1.71
firstlady (auto)
$1.70
ola17 (auto)
$1.69
ola17 (auto)
$1.68
nestle1104 (auto)
$1.67
ola17 (auto)
$1.66
nestle1104 (auto)
$1.65
Finished

$1.74

Winner: firstlady
Sold
Market price:
$1181.73
BIDs cost (15):
$1.50
Final cost:
$1.74
firstlady saved:
$1178.49

Tron (TRX) is a decentralized, open-source blockchain platform founded by Justin Sun in 2017. It aims to create a global digital content entertainment system that allows users to share, store, and distribute content in a peer-to-peer manner. Tron's goal is to cut out intermediaries, such as content platforms and app stores, giving content creators direct access to their consumers and allowing them to retain a larger portion of their earnings.


Initially launched as an ERC-20 token on the Ethereum blockchain, Tron later migrated to its own native blockchain, called the Tron Mainnet. The native cryptocurrency of the Tron network is called Tronix (TRX) and is used for various purposes, including executing smart contracts, making transactions, and participating in decentralized applications (DApps) built on the Tron platform.


Tron uses a Delegated Proof-of-Stake (DPoS) consensus mechanism, which involves a group of elected "super representatives" who are responsible for validating transactions and maintaining the blockchain. This approach is designed to be more energy-efficient and scalable compared to Proof-of-Work (PoW) mechanisms.


Tron has gained attention for its focus on the entertainment industry, specifically in areas such as gaming, social media, and streaming services. Over time, Tron has expanded its ecosystem to include various DeFi applications and support for non-fungible tokens (NFTs), making it an increasingly popular choice for developers and users alike.

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