Tron is the cryptocurrency launched very lately, it was founded in September 2017 in Singapore by Justin Sun. The founder of the company spent more than two years at Ripple Labs. From this company Justin Sun got the idea to start this project. Apart from the main founder, it is backed by Jack Ma, the world’s richest Chinese president of the Alibaba Group.
TRX is one of the latest cryptocurrency which was launched in 2017. The Tron is a content ecosystem based on Blockchainwhich is distributed among all network. Any user can provide any content including video, text, images which will be distributed throughout the network. the content is not limited to any centralized server, it is a decentralized network to provide the content based information.
The best thing about the TRx is that it is an independent network, The currency owner is the user and the content distributor, there is not any third party involved to charge any transaction fee. The digital currency owner can distribute his currency without sharing his revenue to any network.
The main objective of Tron is to establish a totally decentralized internet network based on blockchain technology that allows the users to manage operations in a few seconds by using decentralized apps.
Tron (TRX) price Prediction 2019: What’s the future of TRX?
Tron looks one of the most promising cryptocurrencies in 2019. However the currency was launched late in 2017, so we can not represent the past data of the coin like other old currencies. As the currency was launched late, it is showing good future prospects. Tron promises to reach approx $50 by the end of 2019.
This is the start of Q4 of 2019 and we can see a boom in the price of TRX, now it is priced for $0.028122USD, and we can expect it will touch the upward trend from average levels of Q3 ($ 0.034) to Q4 ($ 0.0443).
As the TRON is new to the market so it will take little time to grow, 2019 could not be the best years for TRX but yes in 2020 you will see major growth in the price of this decentralized currency.
Tron (TRX): Main features
The TRX is a decentralized platform which allows the users to create their own content by using a decentralized app.
The users can transact easily without sharing their revenue to any third party network
The transaction speed of TRX is really fast, It allows processing of 2000 transactions per second, which is 80 times more than the Ethereum network and 400 times more than the Bitcoin network.
Another interesting feature is that Tron offers smart contracts, as Ethereum does.
Tron: project management
If we talk about the management scenario of Tron, it is one of the most creative and active development team in the crypto market. At the current time the TRON has it’s own more than 550 active nodes around the world, also has its own wallets.
The TRX cryptocurrency is acceptable by most the exchanges including Binance, Huobi, OKEx or HitBTC and many others.
You can check our past TRON prediction for a more clear idea.
We are posting this article just to provide you the information regarding digital currency, we are not giving you any advice for investment, before taking any decision do your own proper research, consult with the experts, we are not liable for any loss or profit due to any investments.