Tron Blockchain for Newbies

Chit Chat
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Tron Blockchain is one of the fastest Blockchain to ever experienced on web3.
As of October 2024, it has over 265 million total user accounts on the blockchain, more than 8.7 billion total transactions, and over $16 billion in total value locked (TVL)
TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.

Tron ecosystem: TRON Wallet, TRONSCSN, TRON Dapps, TRON Scenerio, TRON SR, TRC20-USDT, TRON Crypto ETF ( which is a report written and issued by TRON Research) e.t.c

The importance of the Tron Ecosystem helps decentralized nodes, consensus mechanisms, smart contracts, and cryptographic hash functions, collectively embody the transformative power of this decentralized technology on Tron block chain

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It’s impressive to see how far the TRON blockchain has come, especially in terms of user adoption, transaction volume, and its role in global finance.

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Is pleased to hear but am very curious to know the most takeaway of this?

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I’m pleased to know that it isn’t only me who knows how good and favourable Tron has developed and thee people i invited says the same I LOVE TRON :people_hugging::crossed_fingers:

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I love the fact that tron has the largest Circulating supply of USDT and has been overtaking since 2021. I see future in tron honestly

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I feel tron is so big but for some reason hasn’t gotten the recognition it deserves!
Just like Solana and BSC

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We are gradually taking over the blockchain space

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Tron’s fee-free transaction system makes it an appealing option for companies and consumers in crypto payments and the fact that the block chain can handle 2000 transaction per second is crazy not many blockchains can do that. Indeed tron hasn’t gotten the recognition it deserves, I believe it’s perfect time to reign is very close.

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TRON is really growing in the blockchain world :exploding_head:

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I must really say that the concept of Tron as a blockchain has really enabed developers to create decentralized applications (DApps) based on smart contracts.

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That’s great to know, but why was the ownership withdrawn such that it is now a complete community driven DAO?

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Wow! Honestly. Tron all the way!!!:raised_hands:t4:

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I am much impressed with this information
I will encourage all new members to understand this well

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I’m Sure ,I’ll make sure all new members see the value in this

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Tron is the way… thanks for the clear post… :100:

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Thanks brother, for breaking down tron to a level a newbie can understand. Wagmiii

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Tron has had quite an impressive record from the on-set, and I believe they have more on the way coming. With how fast their transaction are on the blockchain and the low transaction fees, I think they are set to go

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You are highly welcome

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