The **TRX** currency is the native cryptocurrency of the **Tron (TRON)** network, which is a decentralized platform aimed at creating a system.
### 1. **What is TRX?**
- **Symbol**: TRX
- **Blockchain**: Tron Network (TRON)
- **Type**: Cryptocurrency (Utility Token)
- **Main Purpose**: Used as a medium for transactions within the Tron network, such as paying transaction fees, rewards for participants, and funding decentralized applications (DApps).
### 2. **Founder of Tron and TRX**
- Founded by **Justin Sun** in 2017, a well-known figure in the cryptocurrency field.
- The Tron mainnet was launched in 2018 after raising significant funding through an ICO (Initial Coin Offering).
### 3. **Uses of TRX**
- **Transactions**: Paying transfer fees for TRX or other assets on the network.
- **Voting**: TRX holders can participate in network governance.
- **DApps**: Running decentralized applications and games on the Tron platform.
- **Staking**: TRX can be staked to earn rewards or to create contracts (Super Representatives).
### 4. **Features of the Tron Network**
- **High Speed**: Supports up to **2000 transactions/second**.
- **Low Fees**: Transaction costs are minimal compared to networks like Ethereum.
- **Ethereum Compatibility**: Supports smart contracts and DeFi applications.
### 5. **Circulating Supply and Mining**
- **Max Supply**: **100 billion TRX** (all issued at inception).
- **No Mining**: Relies on a **Proof of Stake (PoS)** mechanism to manage the network.
### 6. **Where to Buy TRX**
- Available on popular trading platforms such as:
- **Binance**
- **Huobi**
- **OKX**
- **KuCoin**
### 7. **TRX Storage Wallets**
- **Hot Wallets**: Trust Wallet, TronLink, Exodus.
- **Cold Wallets**: Ledger, Trezor.
### 8. **Challenges and Risks**
- **Competition**: Faces strong competition from networks like Ethereum and Solana.
- **Price Volatility**: Like any cryptocurrency, it is subject to sharp fluctuations.
### 9. **Future of TRX**
- Tron focuses on developing **DeFi (Decentralized Finance)** and **NFTs (Non-Fungible Tokens)**.
- It works on improving scalability and interoperability with other networks.