About
TRON is a decentralized, blockchain-based operating system designed to establish a truly decentralized internet and its infrastructure. Founded in 2017 by Justin Sun, the project originally operated as an ERC-20 token on Ethereum before migrating to its own proprietary mainnet in 2018. TRON’s architecture is built on a three-layer system: a Storage Layer, a Core Layer, and an Application Layer, which allows for high scalability and the ability to process up to 2,000 transactions per second (TPS).
The network is famous for its high-speed and near-zero cost transactions, making it the most popular host for stablecoins; specifically, it carries over 50% of the world's circulating Tether (USDT) supply. Governance on TRON is handled by 27 Super Representatives (SRs), who are elected by the community of TRX holders to validate transactions and produce blocks every 3 seconds. Beyond payments, TRON has expanded its ecosystem through the acquisition of BitTorrent and the development of the TRON Virtual Machine (TVM), which is fully compatible with Ethereum’s Solidity, allowing developers to easily port Decentralized Applications (dApps) and smart contracts to a faster environment.
