What is Tron Coin (TRX) How it Works and How to Mine For free using Faucet

in cryptocurrency •  2 years ago  (edited)

Tron coin is a blockchain-based decentralized platform that aims to build a free global digital content entertainment system with distributed storage technology, and provide easy and cost-effective sharing of digital content.

Tron was founded in September 2017 by a non-profit organization in Singapore known as the Tron Foundation. It is headed by Justin Sun as CEO and has a dedicated in-house development team that includes renowned technology advocates.

What is Tron Coin (TRX)
Tronix or Tron Coin is a currency or crypto asset used on the Tron network. Meanwhile, Tron itself is a decentralized platform or container with a blockchain base that adapts a P2P (peer to peer) system and aims to develop a digital content entertainment system.

Through this platform, you are not only limited to producing and uploading content. More than that, you can get benefits or rewards from the content in the form of Tron Coin (TRX) from the audience who wants to access your content. That way, you will feel more appreciated right?

In addition, you can also have full control over the data or content that you have on the platform. Unlike other platforms like Facebook, this company leverages user content for its own benefit.

The Tron Coin network uses its own cryptocurrency called Tron (TRX). In August 2022, TRX was ranked 17th on the list of the largest cryptocurrencies by market capitalization.

History of Tron Coin
Tron Coin or also known as Tronix (TRX) was originally only a token used in the Tron blockchain-based entertainment system. The coin appeared on the market last year after its initial coin offering in August 2017 and in less than a year has grown to become the 10th largest cryptocurrency by market cap.

Tron Coin Creator
Tron Coin is the vision of one man, Justin Sun, founder and CEO of the Tron Foundation. Sun was previously Ripple's chief representative in China. Besides Tron, Sun is also the founder and CEO of Pei Wo whose live streaming app has more than 10 million registered users, mainly in China which is fully integrated with Tron.

Sun is a protégé of Alibaba founder, Jack Ma, and recently graduated from the exclusive Hupan University in Ma. With a postgraduate thesis he wrote entitled "The Birth of a Decentralized Internet". Sun also studied at Peking University and the University of Pennsylvania.

Born in 1990, Sun has appeared on the Forbes “China 30 under 30” and “Asia 30 under 30” lists. Sun is very active in promoting Tron and has over 400,000 followers on Twitter.

Tron Coin Prediction
Rumors of a collaboration between Tron and Alibaba had surfaced. This makes some people interested in paying more attention to this one coin. Let's see how Tron Coin's prediction for the future in evolution fulfills its main vision.

How to Mine Free Tron Coin (TRX)
To mine TRON (TRX) for FREE, you can mine it here: https://trx.2xfaucet.com?r=TYZaFQNqV3kuUSeS9pTkwL5YkKgDxWtHvs

You can collect them every 30 minutes, then put them into the faucet directly, to register / get a faucet account you can click this link: https://faucetpay.io/?r=4729483

Thank you and happy collecting
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