Insights

Spotlight – Tron (TRX)

TRON is a blockchain-based OS for daily use cases. Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON’s network has a capacity for 2,000 TPS. 

“This project is best described as a decentralized platform focused on content sharing and entertainment — and to this end, one of its biggest acquisitions was the file sharing service BitTorrent back in 2018.”

TRON has a total supply of just over 100 billion tokens. After a token sale in 2017, 15.75 billion TRX was allocated to private investors, with an additional 40 billion earmarked for ICO participants. The Tron Foundation was given 34 billion, and a company owned by founder Justin Sun got 10 billion.

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