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Given how the entertainment sector is increasingly becoming digitized, TRON could have a headstart in applying blockchain technology to this industry. In turn, this could also make content less expensive for consumers. By eliminating centralized platforms - whether they are streaming services, app stores or music sites - it is hoped that creators wonвЂ™t end up losing as much commission to middlemen. TRON has positioned itself as an environment where content creators can connect with their audiences directly.

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Educated at Peking University and the University of Pennsylvania, he was recognized by Forbes Asia in its 30 Under 30 series for entrepreneurs.Д«orn in 1990, he was also associated with Ripple in the past - serving as its chief representative in the Greater China area. TRON was founded by Justin Sun, who now serves as CEO.

TRON is also one of the most popular blockchains for building DApps. These include delivering simple distributed file sharing, driving content creation through financial rewards, allowing content creators to launch their own personal tokens and decentralizing the gaming industry. Overall, TRON has divided its goals into six phases. 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. To learn more about this project, check out our deep dive of Tron. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has capacity for 2,000 TPS.

TRON is a blockchain-based operating system that aims to ensure this technology is suitable for daily use.