Price statistics TRX
How much is TRON (price trx) now?
The current 2024.12.10 16:59 value of TRON (trx) against USD is 0.256382.
Where can I buy or trade TRON (trx)?
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How much was TRON worth at the peak of the market?
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What was the minimum cost of TRON?
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TRON price today is $0.256382 with a daily trading volume of 3652355552. We update our TRON price to USD in real time. TRON has changed to -13.09963% in the last 24 hours. The current CoinLiq rating is #11 with a market cap of $22188441481.
What is TRON (TRX)?
TRON (TRX) is a decentralized blockchain-based platform that strives to create the Internet of Things (IoT) where all devices can freely exchange data and value. TRON uses its own cryptocurrency TRX to pay for services on the platform.
Read moreWho created TRON (TRX)?
TRON was founded in 2017 by Justin Sun, a Chinese entrepreneur known for his work at Ripple Labs.
How does TRON (TRX) work?
TRON uses blockchain technology to create a decentralized platform on which applications can run without intermediaries. The TRON platform consists of several layers, including:
- Core layer: Provides core blockchain functionality such as transaction processing and block generation.
- Storage Layer: Responsible for storing data such as smart contracts and user data.
- Application layer: where developers can build and deploy decentralized applications (dApps).
What advantages does TRON (TRX) have?
- High Throughput: TRON can process up to 2000 transactions per second, making it one of the fastest blockchain platforms.
- Low Fees: Transaction fees on TRON are very low, making it accessible to a wide range of users.
- Decentralization: TRON is a decentralized platform, which means that it is not controlled by any one organization.
- Developed Ecosystem: TRON has a developed ecosystem of dApps, tools and developers.
How to store TRX?
TRX can be stored in a hardware wallet such as Ledger or Trezor, or in a software wallet such as MetaMask.
What will be the future of TRON (TRX)?
The future of TRON (TRX) depends on many factors, such as:
- Platform Development: The TRON team must continue to develop the platform and add new features.
- Adoption: TRON needs to be more widely accepted so its price can rise.
- Regulation: Cryptocurrency regulation could negatively impact TRON.
How is TRON (TRX) used in DeFi?
TRX is used in DeFi applications such as JustSwap, SunSwap, Curve. TRX can be used to lend, borrow, stake, and earn rewards.
How is TRON (TRX) used in games?
TRON is used in games such as WINk, Alien Worlds.TRX can be used to purchase in-game items, pay for transactions and earn rewards.
How is TRON (TRX) used in Metaverse?
TRON is used in Metaverse to purchase virtual lands, items, and avatars. TRX can be used to pay for virtual goods and services, as well as earn rewards.
How is TRON (TRX) used in NFTs?
TRON is used to create and trade NFTs. TRX can be used to pay NFT minting fees and transaction fees.
How is TRON (TRX) used in enterprise solutions?
TRON is used in enterprise solutions such as BitTorrent, Baidu and Tencent. TRX can be used to create dApps that can improve the efficiency and security of business processes.
How does TRON (TRX) solve Ethereum's scaling problem?
TRON uses several methods to solve Ethereum's scaling problem, including:
- Sharding: Dividing the blockchain into multiple parts that can process transactions in parallel.
- Sidechains: Separate blockchains that can run in parallel with the main TRON blockchain.
- State channels: Off-chain channels where transactions can be processed without being recorded on the blockchain.
How is TRX used for staking?
TRX can be staked to secure the TRON network and earn rewards. TRX staking can be done through various validators and staking pools.17. How is TRX used for delegation?
TRX can be delegated to validators who are involved in maintaining the security of the TRON network. Delegators are rewarded based on the number of TRX they delegate and the performance of their chosen validator.
What types of TRON Staking Pools are there?
- Centralized pools: Managed by exchanges or other centralized organizations.
- Decentralized pools: managed by community members and accessible through dApps.
- Non-custodial: Users deposit their TRX directly into their wallets without the need for a third party.
How does TRON (TRX) fight bots?
TRON uses various methods to combat bots, including:
- KYC/AML verification: Requires users to verify their identity and address to prevent bot accounts.
- Captcha challenges: Represent problems that are easy for humans to solve but difficult for bots to solve.
- Resource Bandwidth Limits. Limits the amount of resources that can be used by each account to prevent bots from spamming the network.
What are the risks associated with TRON (TRX)?
- Volatility: The price of TRX can be very volatile, meaning it can change dramatically.
- Market Manipulation: TRX may be subject to market manipulation.
- Uncertainty: TRON is a relatively new project, and it's the future is uncertain.