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

Thanks to Committee proposal No.79, #TRX staking rate and burning volume have increased, expanding the deflation rate to 3.17%.

With more energy needs, #USDT trades, and new accounts activated, the #TRX transaction fees are skyrocketing and burning away. 🔥 https://t.co/B7ZArVgVSk

Thanks to Committee proposal No. 79, #TRX staking rate and burning volume have increased, expanding the deflation rate to 3.