7 Things you Need to Know About TRON (TRX)

TRON Architecture, Core Applications, TRX, TRC-10, TRC-20, TRC-721, and More!

Tron is a decentralized blockchain mainly focused on content sharing (e.g driving content creation through financial rewards) and entertainment areas (e.g decentralizing the gaming industry). TRX is the native token of the network, used mainly for paying fees.

In this story, I am going to explain 5 things you better know about this project. For more info, you can also check the official documentation of the project here.

#1 — TRON Architecture Overview

TRON is a general-purpose blockchain trying to decentralize the web. Its mainnet was launched on June 25th, 2018 and since that date, lots of new modules and features were added to the ecosystem.

The general architecture of this blockchain consists of the following modules and components:

• Underlying Network: a set of customizable and efficient message response systems, built based on Netty, a high-performance network framework. This layer has two main components: 1. Node discovery is implemented based on the Kademlia algorithm and can defend against eclipse and witch attacks by a set of node scoring mechanisms. 2. Node communication module uses TCP…