TRON (TRX) is among the top 30 digital assets by market cap as of March 2022, with TRX/USDT enjoying high trading volume and liquidity on several platforms, including KuCoin. Designed as an operating system on the blockchain, TRON is a decentralized platform where users can share and engage with content.
In addition to offering a simple solution for peer-to-peer content sharing, TRON provides a way for content creators to engage directly with their audience and earn rewards in a distributed ecosystem. Due to its high throughput, the TRON blockchain offers one of the best platforms for developing decentralized applications or dApps.
While the Bitcoin network can handle up to six transactions per second (TPS) and Ethereum can handle 25 transactions simultaneously, the TRON protocol boasts a capability of 2,000 TPS. TRON's blockchain technology is one of the first in the industry to take on centralized content-sharing platforms, applying the power of blockchain to the space.
With the entertainment industry being one of the busiest in the world for digital transformation, the TRON blockchain is somewhat of a pioneer in powering the decentralization of the concept. Removing the intermediaries makes content sharing on the TRON network more efficient and cost-effective for content consumers and potentially more rewarding for content creators.
In addition to TRX, the TRON ecosystem also supports TRC-20 tokens, contract standards that allow users to issue their own tokens within the blockchain. USDT, the world’s most popularly used stablecoin by market cap, is one of the most widely used digital assets which leverages the TRC-20 standard.
You can learn more about Tron(TRX) at our KuCoin Blog.