TRON (TRX) Current Live Value

TRON (TRX)

TRON (TRX) is a cryptocurrency and decentralized application platform designed specifically for the digital entertainment industry, such as online casinos. The purpose of TRON is to provide developers with a platform for games and exchanges that do not rely on a central clearing house, as all participants will be linked through a peer-to-peer system based on the underlying blockchain that is outside the control of the developer.

TRON was originally released on the Ethereum network, but in 2017 it migrated to its own independent blockchain and all existing tokens were exchanged for the new TRX coin. The value of TRON did not rise as dramatically during the 2018 crypto boom as most other digital currencies, and the price of TRX is still relatively subdued compared to its initial 2017 price. It currently has a total market cap in the top 20.

TRON offers developers a universal platform and medium of exchange for building a wide variety of gaming applications on. The idea is that the difficult and expensive core of any peer-to-peer system is already established by the platform, so developers can focus on building the actual content and not the underlying architecture. The platform provides a system that ensures provably fair gaming, such as randomly generated numbers, and avoids the difficulties and pitfalls of needing to store and clear customer funds centrally.