Initially, TRX tokens were ERC-20-based tokens deployed on Ethereum, but a year later they were moved to their own network. In June 2018, TRON launched its mainnet and migrated its tokens from Ethereum to its own blockchain. In July 2018, TRON acquired BitTorrent, one of the largest peer-to-peer file-sharing platforms in the world, and integrated it into its ecosystem.
Since then, TRON has been developing and expanding its network and ecosystem with various initiatives, such as launching its own decentralized exchange, launching its own scaling solution called SUN Network, launching its own oracle service called WinkLink, launching its own DeFi platform called JustStable, launching its own social experiment token called SUN, and more.
What is the development roadmap for TRON?
TRON has a development roadmap that consists of six phases:
- Exodus: The phase that focuses on providing a free platform for peer-to-peer distribution, storage, and content creation.
- Odyssey: The phase that focuses on empowering content creators with incentives and rewards based on a proof-of-stake mechanism.
- Great Voyage: The phase that focuses on enabling content creators to issue their own personal tokens and launch their own crowdfunding campaigns.
- Apollo: The phase that focuses on enhancing the security and scalability of the network with a pluggable smart contract system.
- Star Trek: The phase that focuses on transforming the network into a decentralized gaming platform with online gaming and predictive markets.
- Eternity: The phase that focuses on creating a self-governing community with a developer-friendly ecosystem.
Who are the key people behind TRON?
Some of the key people behind TRON are:
- Justin Sun: The founder and CEO of TRON who is also the founder of Peiwo and a former chief representative of Ripple in China.
- Lucien Chen: The former CTO of TRON who designed the TRON protocol and left the project in 2019 due to disagreements with Sun.
- Marcus Zhao: The head of the engineering team who leads the development of the core technology of TRON.
- Yi He: The co-founder of Binance who joined TRON as an advisor in 2018.
- Roy Liu: The head of business development who oversees the global partnerships and strategic alliances of TRON.
TRON Technology
What is the underlying technology of TRON?
The underlying technology of TRON is based on blockchain technology, which is a distributed ledger that records transactions in a secure, transparent, and immutable way. Blockchain technology enables peer-to-peer transactions without intermediaries or central authorities.
