TRX, or rather Tronix, is the native crypto asset of the TRON Network. TRON is a Blockchain-based decentralized network targeting an unchained, worldwide digital content entertainment structure using distributed ledger technology, and enables straightforward and cheap sharing of data.
What is TRX?
Blockchain technology provides a decentralized information sharing system that is immune to control, secure, and fast. The Tronix digital currency was developed to power the TRON Network and to motivate digital content developers. TRON endeavors to achieve a fair and equal dispensation of revenue generated by content on the platform between all the participants.
The Tron Network was founded in September 2017 by the Tron Foundation, a nonprofit organization based in Singapore. It is led by its creator and CEO, Justin Sun, a former Ripple employee. Justin Sun has a devoted in-house crew of developers that comprises prominent technology faithful.
Trons partnership with Korean tech giants, Samsung, will play a massive role in driving its adoption, according to Justin Sun. The latest Samsung smartphone supports TRX, USDT-TRON, BTT, and Beatzcoin. The crypto smartphone is currently accessible in Switzerland, the UK, Germany, the U.S, and Canada.
BTFS secret revolutionary project
There were reports that the DAI stablecoin will be integrated on both Tron Network and the Binance blockchain using a layer two scaling solution dubbed Loom network. Trons originator, Justin Sun, regularly informs the TRX fraternity with the current progress in the Tron ecosystem. He even tweeted about a secret revolutionary project with the creators of BTFS.
This month, TRON has been on the headlines when Justin Sun tweeted about the next forecast with BitTorrent, which will be hugely significant to the entire cryptocurrency ecosystem. Following the tweet, the price of TRX and BTT surged by 10 percent and 20 percent, respectively.
All this vast and significant news might push TRON TRX price prediction, which may perform a vital role in the subsequent days. Particularly, with the roll-out of revamped Tron Network version 1.0 on the brink ...