Tron is a decentralized entertainment and content-sharing platform that uses blockchain technology and a peer-to-peer network to store and distribute data. Tron is an open source project with a community of developers who contribute to its development.
Tron was founded by Justin Sun, who is also the CEO of the company. Tron is based on the Ethereum blockchain and uses the ERC20 token standard.
The Tron platform allows developers to create and deploy decentralized applications (dApps) on the Tron network. Tron dApps can be developed in any programming language that supports the Ethereum Virtual Machine (EVM).
Tron dApps are similar to Ethereum dApps, but they have some notable differences. For example, Tron dApps can be built using Java, which is not possible with Ethereum dApps.
Tron has been successful in attracting some high-profile partnerships. For example, in January 2018, it was announced that game developer Glu Mobile would be partnering with Tron to develop blockchain games.
In March 2018, it was announced that porn website Pornhub would be accepting Tron payments for its premium services. These partnerships have helped raise awareness of the Tron platform and its potential uses.
The Tron Foundation has also been active in promoting the adoption of blockchain technology. In March 2018, it launched a $1 million USD “Tron Accelerator” program to encourage developers to build dApps on the Tron network.
The Foundation has also partnered with major cryptocurrency exchanges, such as Binance and Kucoin, to list TRX tokens on their platforms.
Overall, Tron has made significant progress since its launch in 2017. It has a strong team of developers, active community, and partnerships with some major companies.
While Ethereum remains the most popular platform for developing dApps, Tron is quickly gaining ground and could become a serious competitor in the future.
Does Tron Run on Ethereum?
Tron does not currently run on Ethereum, but this could change in the future. The Tron Foundation has stated that it is interested in porting the Tron network to Ethereum’s blockchain. However, there is no timeline for when this might happen.
If it does happen, it would likely be several years from now. In the meantime, Tron continues to run on its own blockchain and build up its ecosystem of dApps and partnerships.