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tron trx trading south africaWhat Is Tron?

Decentralize the web

When searching through the literature on Tron, you’ll find their tagline about decentralizing the web everywhere. While it’s a great sounding statement, what it involves, and how Tron aims to achieve it, will take a bit of unpacking.

Like Ethereum, Tron is a blockchain-based platform but where it differs significantly is in its specific purpose. Tron’s technology is being built to support a global and free peer-to-peer platform for sharing, distributing, and hosting digital content. Games, music, movies, images, video – any of it can be stored and shared directly from content creator to content consumer.

The significant advance this represents is the removal of intermediaries which typically stand between those who produce content and those who consume it. In the current paradigm, content distribution and sharing processes are cumbersome and riddled with fees taken by intermediaries standing in the middle waiting for a handout.

Imagine that you’re a musician who has just produced an album. You want to get your music to listeners worldwide, and you’d like to potentially monetize your creation. Turning to platforms like Soundcloud, Bandcamp, YouTube, and others mean paying fees to those platforms. Going with an even more traditional route would mean finding a record label to distribute your music to retailers.

In the Tron era, you’ll be able to connect directly with listeners over the Tron platform, allowing you to take payment for your content from consumers themselves. Source: A BRIEF GUIDE TO THE ALTCOIN TRON (TRX)

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