TRON (TRX) is a native cryptocurrency of the blockchain platform of the same name, which is the basis for decentralized applications. TRON coin is among the Top-20 crypto assets by market capitalization.
The TRON blockchain platform was developed under the leadership of a young Chinese entrepreneur, Justin Sun. Previously, he was Ripple’s representative in China and launched the popular voice-streaming mobile app Peiwo.
In July 2017, Sun registered a non-profit organization called TRON Foundation in Singapore. A few months later, he founded the company in San Francisco (USA). TRON was initially positioned as an “Ethereum killer”. The project claimed simplified development of decentralized applications and support for smart contracts of other blockchains.
TRON was originally launched on the Ethereum blockchain, but the cryptocurrency was migrated to its own blockchain in the summer of 2018. In July 2018, the BitTorrent project, a file-sharing protocol with around 100 million monthly active users, was also integrated into the Tron ecosystem.
The TRON network completed decentralization in December 2021 and is fully managed by the DAO community. The blockchain is developed at the expense of the Tron Foundation, a Singapore-based non-profit organization, which directs all revenues to the further development of the project.
One of the main reasons for the popularity of the TRON network was the launch of the USDT stablecoin in 2019. The platform offered users much lower fees for transactions in this currency than Ethereum and Omni: while a transfer on Ethereum can cost up to $15-20, on TRON the average fee does not exceed $1.
The TRON mission is to revolutionize the internet by creating a decentralized content ecosystem where users can autonomously publish, store, and own data. The goal is to create an internet where data is free and controlled by users, eliminating middlemen and equitably distributing revenue generated from content. The TRON ecosystem is designed to provide a platform where content creators can be rewarded directly for their work using the TRX cryptocurrency.
What is TRON?
TRON is the name of a Tier-1 blockchain based on the Delegated Proof-of-Stake (DPoS) consensus algorithm. The network allows developers to deploy smart contracts and decentralized applications in the Tron Virtual Machine (TVM) environment. The platform is fully compatible with Ethereum.
In terms of visual identity, TRON is strong and progressive. Composed of two elements, the logo of the blockchain is perfectly balanced, and the stylized letters “T”, “R”, “O”, and “N” (which stand for Technology, Revolution, Open, and Network) make up a brilliant explanation of the geometric emblem, set above them.
The TRON logo is all about clean lines and sharp angles, which represent the dynamic and transformative nature of the project. The contoured geometric emblem of the blockchain represents its mission: creating a decentralized ecosystem and revolutionizing the way content is created, distributed, and consumed. The stylized uppercase lettering in black follows the sharp geometric figure and adds stability.
The uppercase-designed lettering from the TRON logo is set in a custom geometric typeface with straight lines and double vertical bars of the “T”, “R”, and “N”. The small dot in the center of the “O” represents the aims of the project. The font has no commercial analogs.
As for the color palette of the TRON visual identity, it is set in a timeless combination of red, black, and white, which is a symbol of excellence and professionalism.