What exactly is TRON? How can this blockchain platform surpass ETH and BTC in daily active users?

Question

You may have heard the name TRON, but many people aren’t quite sure what it actually is. Simply put: TRON is a decentralized content distribution platform that uses blockchain technology to cut out intermediaries, allowing creators to earn money directly.

Why is TRON so special?

Performance monster: Handles 2,000 transactions per second, making it a blockchain powerhouse. By comparison, Ethereum manages only 15 tx/s, and Bitcoin is even worse (3 tx/s).

Near-zero fees: This is TRON’s biggest draw. Doing DeFi on Ethereum costs tens of dollars, while on TRON it might be less than $0.01.

Diverse ecosystem: DeFi, NFT, GameFi—you name it. Here’s a key stat: In November 2023, TRON’s monthly active users reached 1.5 million, surpassing BNB Chain, Ethereum, and Bitcoin. What does this mean? Its activity level is already top-tier.

How does TRON achieve this?

Core mechanism: Uses DPoS consensus (Delegated Proof of Stake), not Bitcoin’s PoW (which requires mining rigs). Simply put: TRX holders vote to select 27 Super Representatives (SRs) to validate transactions, and these SRs earn transaction fees and new token rewards. It’s efficient and low-energy.

Three-layer architecture:

Storage layer: Handles blocks and data
Core layer: Smart contracts + consensus mechanism
Application layer: A paradise for DApp developers

What’s the current state of the ecosystem?

DeFi players: JustLend DAO (lending), JUST (stablecoin infrastructure) have attracted plenty of users.

NFT territory: Projects like MegaCryptoPolis (city-building game) and the APENFT marketplace may not be as famous as OpenSea, but with ultra-low costs, many creators are flocking here.

Partners: Samsung, BitTorrent (a P2P network with over 1 billion users), and Opera browser have all partnered with TRON. Most recently, they joined forces with ChainGPT to support AI-generated NFTs.

Future plans

TRON’s official roadmap includes Stake 2.0 (more flexible staking), liquid staking, and three major upgrades (Apollo, Star Trek, Eternity), all aimed at boosting network performance and user experience. USDD (TRON’s stablecoin) is also steadily expanding its ecosystem applications.

In a nutshell

TRON is a low-cost, high-efficiency, fully-featured blockchain platform. Compared to ETH’s high fees and BTC’s inefficiency, TRON’s advantages are tangible. For DeFi traders and users making frequent small transactions, the experience is on another level.

The question now isn’t whether TRON is good, but whether it can maintain this growth momentum and hold its leading position amid fierce competition.