What is TRX?
The TRX Protocol, offers scalable, high-availability, and high-throughput support that serves as the foundation for all decentralized applications in the TRX ecosystem. It also provides compatibility for Ethereum smart contracts through a pluggable smart contract platform. TRX launched its mainnet on June 25, 2018. This initiation was completed by the TRX Independent Group (TIG). TIG is a community consensus-based group, consisting of 27 anonymous, volunteer Genesis Representatives (GR).
How does it work? & where can I get a TRX Wallet?
TRX is a base layer public blockchain OS, governed by the community with democratic elections. 27 Super Representatives elected directly by TRX Token holders uphold the values of decentralization through adhering to the popular sovereignty of the token and the natural rights of the token. These 27 SRs represent the community to run the network. The TRX network is run by 27 Super Representatives (SR). Based in different locations around the world, the SR all have the same roles and computing power. TRX wallets are available online but you can use Sky Wallet to store your TRX coins and many other cryptocurrencies with our multi coin crypto wallet!
What are the features of TRX?
High-Throughput – 2,000 transactions per second (TPS) High-Scalability – Applications are given a wide variety of ways to be deployed on TRX thanks to its scalability and highly effective smart contract. High-Availability – Reliable network structure, user asset, intrinsic value and a high degree of decentralization consensus come with an improved rewards distribution mechanism DPOS Consensus – The TRX network uses democratic voting to achieve a governance structure for community autonomy.