The TRX cryptocurrency adapts the digital ecosystem for entertainment information. At first, the project worked in the Ethereum blockchain. This choice is conditioned by a quick solution to launch a peer-to-peer network. Later, the developers switched to their own blockchain with a Proof-of-Stake algorithm and Validation consensus. TRON was one of the first platforms to implement this.

TRX news today, TRON crypto latest news of token ticker

TRON

At first, the project worked in the Ethereum blockchain. This choice is conditioned by a quick solution to launch a peer-to-peer network. Later, the developers switched to their own blockchain with a Proof-of-Stake algorithm and Validation consensus. TRON was one of the first platforms to implement this. Wrapped TRON is provided with an underlying asset in a ratio of 1:1, has the same price and allows you to expand the possibilities of application, for example, to trade on decentralized exchanges that do not support the "original".

Wrapped TRON news today, WTRX crypto latest news of token ticker

Wrapped TRON

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. @Messaricrypto ’s STATE OF L1s Q2 2023

#TRON network led featured L1s with a P/S ratio of 15x, followed by #Ethereum (66x), #Polygon (127x), #BNB Chain (173x), and #Fantom (207x). 🚀

Check out the full report below. ⬇️
https://t.co/sYabkBCwTN

@Messaricrypto 's STATE OF L1s Q2 2023.