Tron Foundation’s founder and CEO Justin Sun have been celebrating an endless plethora of success lately. About two weeks ago he announced that Tron managed to surpass 500k daily transactions on the Tron network. And recently, he proudly tweeted that the daily transactions grew from 500k to 1 million in a span of few weeks outpacing the likes of Bitcoin [BTC] and Ethereum [ETH].
Tron had earlier met with scrutiny but that didn’t stop the foundation to repeal their process, instead, they worked their way up to prove them.
The factors for their drive of growth lies in their very core vision- A Decentralized Internet.
dApps is one of the most essential part of Tron’s decentralized internet ecosystem. dApps facilitates transactions between users and the token used as a medium of exchange is Tron’s very own cryptocurrency- TRX. The top apps that used TRX tokens were gambling and betting apps.
Tron’s network addresses have been growing over the past weeks, increasing from 525k to 567k. And also note that unlike other cryptocurrencies, Tron’s transaction rates are as low as $0.02.
Tron has been playing an important role with not only their creation of TRX but also how it’ll be used in the future. They’re working their tails off, for building an infrastructure that’ll support operations on a decentralized internet. With the support of the man who created the first world wide web- Tim Berners-Lee and with many high-profile backers like John McAfee, Tron is very likely to succeed in the future and survive any hindrances and challenges they may face.
They also managed to acquire the decentralized internet peer to peer file sharing client, Bitcoin as a part of their process to increase their user base in the decentralized version of the internet. This effort is also used to facilitate mass adoption of blockchain enabled products and web decentralization with focus on privacy.