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TRON (TRX) is a decentralized blockchain platform created by the Tron Foundation in 2017. Initially, TRX tokens were issued on Ethereum as ERC-20 tokens, but they later migrated to their own network. The project aims to give digital content creators full ownership rights and enable them to receive direct rewards from consumers, bypassing intermediaries like YouTube or Facebook. The platform supports smart contracts and decentralized applications (dApps), using a UTXO transaction model similar to Bitcoin. It was built to create a decentralized internet and serves as an alternative to Ethereum, allowing developers to build and deploy dApps on its network.

TRON was founded by Justin Sun, who is also the CEO. Sun studied at Peking University and the University of Pennsylvania, and he was recognized by Forbes Asia in its 30 Under 30 list. Born in 1990, he previously worked with Ripple as the chief representative for the Greater China region.

TRON differentiates itself by focusing on direct interactions between content creators and their audiences, removing centralized platforms like streaming services or app stores. This approach aims to reduce commissions for creators and potentially lower costs for consumers. The project also highlights its experienced development team, which includes members from major companies such as Ripple. Additionally, TRON provides a public roadmap, offering transparency about its future development plans compared to some other blockchain projects.

TRON has a total supply of over 100 billion tokens, with approximately 71.6 billion currently in circulation. During the 2017 token sale, 15.75 billion TRX were allocated to private investors, and 40 billion were set aside for ICO participants. The Tron Foundation received 34 billion, and a company owned by Justin Sun got 10 billion. This distribution means that 45% of the supply went to the founder and the project, while 55% went to investors, a ratio that has drawn criticism compared to other crypto projects.

TRON employs a delegated proof-of-stake consensus mechanism. TRX holders can freeze their tokens to obtain Tron Power, which allows them to vote for 'super representatives' who act as block producers. These representatives earn TRX rewards for validating transactions, and they distribute those rewards among their voters. According to TRON, this method enhances the blockchain's throughput.

TRON is available on numerous exchanges, including Poloniex, Bancor, KuCoin, Binance, Bitfinex, and Coinbene, among others. However, it is not supported on Coinbase. To purchase TRX, you can first convert fiat currency into Bitcoin, which can then be used to buy altcoins like TRON.