TRX is the ticker symbol for a cryptocurrency called TRON, which is a decentralized platform for building and running decentralized applications (DApps). TRON aims to build a global digital content entertainment system using blockchain technology and peer-to-peer (P2P) networking.
TRON was founded by Justin Sun in 2017 and has since grown to become one of the largest and most popular cryptocurrencies. TRON uses a proof-of-stake (PoS) consensus mechanism, which means that users can earn TRX coins by holding and staking their coins in a TRON wallet.
One of the main features of TRON is its high scalability, which allows it to handle a large number of transactions per second. TRON also has a low transaction fee, making it an attractive option for developers looking to build and run DApps on the platform.
TRON has a number of use cases, including the creation and distribution of digital content, online gaming, and decentralized finance (DeFi). TRON has also partnered with various companies and organizations, including BitTorrent and Steemit, to expand its reach and adoption.
TRON has had a volatile history, with its price fluctuating significantly since its launch. As with any cryptocurrency, investing in TRON carries a high level of risk and should be done with caution. It is important to thoroughly research and understand the risks before investing in any cryptocurrency.